Global Medical REIT Inc (GMRE)
8.16
+0.04
(+0.49%)
USD |
NYSE |
Apr 19, 16:00
8.16
0.00 (0.00%)
After-Hours: 20:00
Global Medical REIT Gross Profit Margin (Quarterly): 81.50% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 81.50% |
| September 30, 2023 | 79.62% |
| June 30, 2023 | 80.11% |
| March 31, 2023 | 79.18% |
| December 31, 2022 | 80.33% |
| September 30, 2022 | 81.10% |
| June 30, 2022 | 82.18% |
| March 31, 2022 | 83.13% |
| December 31, 2021 | 85.08% |
| September 30, 2021 | 86.74% |
| June 30, 2021 | 88.29% |
| March 31, 2021 | 86.51% |
| December 31, 2020 | 89.51% |
| September 30, 2020 | 85.56% |
| June 30, 2020 | 89.40% |
| Date | Value |
|---|---|
| March 31, 2020 | 89.30% |
| December 31, 2019 | 89.56% |
| September 30, 2019 | 92.48% |
| June 30, 2019 | 93.21% |
| March 31, 2019 | 91.26% |
| December 31, 2018 | 93.07% |
| September 30, 2018 | 93.28% |
| June 30, 2018 | 94.86% |
| March 31, 2018 | 90.44% |
| December 31, 2017 | 93.66% |
| September 30, 2017 | 94.45% |
| June 30, 2017 | 89.86% |
| March 31, 2017 | 99.50% |
| December 31, 2016 | 98.14% |
| September 30, 2016 | 99.95% |
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
79.18%
Minimum
Mar 2023
93.21%
Maximum
Jun 2019
85.41%
Average
85.56%
Median
Sep 2020
Gross Profit Margin (Quarterly) Benchmarks
| BRT Apartments Corp | 56.37% |
| Peakstone Realty Trust | 80.48% |
| Seven Hills Realty Trust | -- |
| Strawberry Fields REIT Inc | 86.47% |
| Bluerock Homes Trust Inc | 23.01% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 3.26% |
| Return on Assets | 1.55% |
| Return on Invested Capital | 1.61% |
| Profit Margin (Quarterly) | 1.87% |
| Operating Margin (Quarterly) | 25.43% |
| Return on Net Operating Assets | 19.10% |