Fortrea Holdings Inc (FTRE)
19.07
-0.27
(-1.40%)
USD |
NASDAQ |
Nov 18, 13:33
Fortrea Holdings Gross Profit Margin (Quarterly): 21.97% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 21.97% |
| June 30, 2024 | 20.70% |
| March 31, 2024 | 16.30% |
| December 31, 2023 | 6.31% |
| September 30, 2023 | 21.01% |
| June 30, 2023 | 21.57% |
| Date | Value |
|---|---|
| March 31, 2023 | 21.96% |
| 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
6.31%
Minimum
Dec 2023
22.54%
Maximum
Jun 2022
19.43%
Average
21.26%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| Boston Scientific Corp | 68.83% |
| Illumina Inc | 68.98% |
| Lumos Pharma Inc | -- |
| IQVIA Holdings Inc | 35.37% |
| Medpace Holdings Inc | 31.69% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -18.75% |
| Return on Assets | -7.45% |
| Return on Invested Capital | -9.96% |
| Profit Margin (Quarterly) | -4.13% |
| Operating Margin (Quarterly) | -1.36% |
| Return on Net Operating Assets | -8.22% |