Gaotu Techedu Inc (GOTU)
2.61
+0.01
(+0.38%)
USD |
NYSE |
Nov 21, 16:00
2.55
-0.06
(-2.30%)
Pre-Market: 07:34
Gaotu Techedu Gross Profit Margin (Quarterly): 68.96% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 68.96% |
| March 31, 2024 | 71.34% |
| December 31, 2023 | 70.08% |
| September 30, 2023 | 72.37% |
| June 30, 2023 | 73.78% |
| March 31, 2023 | 77.38% |
| December 31, 2022 | 74.70% |
| September 30, 2022 | 72.15% |
| June 30, 2022 | 70.25% |
| March 31, 2022 | 70.61% |
| December 31, 2021 | 69.66% |
| September 30, 2021 | 35.85% |
| June 30, 2021 | 67.55% |
| Date | Value |
|---|---|
| March 31, 2021 | 70.55% |
| December 31, 2020 | 72.12% |
| September 30, 2020 | 74.45% |
| June 30, 2020 | 78.15% |
| March 31, 2020 | 78.17% |
| December 31, 2019 | 79.04% |
| September 30, 2019 | 71.87% |
| June 30, 2019 | 71.39% |
| March 31, 2019 | 69.52% |
| December 31, 2018 | 68.21% |
| September 30, 2018 | 62.16% |
| June 30, 2018 | 61.43% |
| March 31, 2018 | 55.90% |
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
35.85%
Minimum
Sep 2021
79.04%
Maximum
Dec 2019
70.90%
Average
72.12%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
| Dingdong (Cayman) Ltd | 29.78% |
| QuantaSing Group Ltd | 85.88% |
| Tantech Holdings Ltd | -- |
| 51 Talk Online Education Group | 78.10% |
| Shineco Inc | 13.42% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -19.92% |
| Return on Assets | -11.69% |
| Return on Invested Capital | -19.92% |
| Profit Margin (Quarterly) | -42.54% |
| Operating Margin (Quarterly) | -46.02% |
| Return on Net Operating Assets | -74.83% |