Fortrea Holdings Inc (FTRE)
23.15
-0.78
(-3.26%)
USD |
NASDAQ |
Jun 21, 16:00
23.16
+0.01
(+0.04%)
Pre-Market: 20:00
Fortrea Holdings Gross Profit Margin (Quarterly): 16.30% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 16.30% |
December 31, 2023 | 15.44% |
September 30, 2023 | 16.63% |
June 30, 2023 | 18.11% |
March 31, 2023 | 21.96% |
Date | Value |
---|---|
December 31, 2022 | 21.26% |
September 30, 2022 | 21.97% |
June 30, 2022 | 22.54% |
March 31, 2022 | 18.09% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
15.44%
Minimum
Dec 2023
22.54%
Maximum
Jun 2022
19.14%
Average
18.11%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
Incyte Corp | 93.08% |
Walgreens Boots Alliance Inc | 19.00% |
Legend Biotech Corp | 41.76% |
CareCloud Inc | 41.54% |
Maravai LifeSciences Holdings Inc | 40.27% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -7.10% |
Return on Assets | -2.82% |
Return on Invested Capital | -3.67% |
Profit Margin (Quarterly) | -15.25% |
Operating Margin (Quarterly) | -5.15% |
Return on Net Operating Assets | -3.08% |