GE HealthCare Technologies Inc (GEHC)
79.47
+1.64
(+2.11%)
USD |
NASDAQ |
May 03, 16:00
79.44
-0.03
(-0.04%)
After-Hours: 20:00
GE HealthCare Technologies Gross Profit Margin (Quarterly): 40.90% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 40.90% |
December 31, 2023 | 41.41% |
September 30, 2023 | 40.13% |
June 30, 2023 | 40.27% |
March 31, 2023 | 40.17% |
Date | Value |
---|---|
December 31, 2022 | 39.13% |
September 30, 2022 | 38.75% |
June 30, 2022 | 40.05% |
March 31, 2022 | 38.64% |
December 31, 2021 | 40.58% |
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
38.64%
Minimum
Mar 2022
41.41%
Maximum
Dec 2023
40.00%
Average
40.15%
Median
Gross Profit Margin (Quarterly) Benchmarks
GeneDx Holdings Corp | 59.93% |
Spok Holdings Inc | 79.58% |
Ontrak Inc | 64.62% |
DarioHealth Corp | 3.65% |
FOXO Technologies Inc | -600.0% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 21.79% |
Return on Assets | 4.85% |
Return on Invested Capital | 9.19% |
Profit Margin (Quarterly) | 8.04% |
Operating Margin (Quarterly) | 11.61% |
Return on Net Operating Assets | 6.85% |