Grove Collaborative Holdings Inc (GROV)
1.595
+0.08
(+4.93%)
USD |
NYSE |
May 02, 16:00
1.59
0.00 (0.00%)
After-Hours: 20:00
Grove Collaborative Holdings Gross Profit Margin (Quarterly): 54.40% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 54.40% |
| September 30, 2023 | 53.82% |
| June 30, 2023 | 51.90% |
| March 31, 2023 | 52.06% |
| December 31, 2022 | 46.99% |
| September 30, 2022 | 49.10% |
| Date | Value |
|---|---|
| June 30, 2022 | 49.14% |
| March 31, 2022 | 47.23% |
| December 31, 2021 | 44.99% |
| September 30, 2021 | 50.42% |
| June 30, 2021 | 49.55% |
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
44.99%
Minimum
Dec 2021
54.40%
Maximum
Dec 2023
49.96%
Average
49.55%
Median
Jun 2021
Gross Profit Margin (Quarterly) Benchmarks
| The Beauty Health Co | 47.19% |
| Sentient Brands Holdings Inc | -- |
| Hims & Hers Health Inc | 82.74% |
| European Wax Center Inc | 72.38% |
| Kenvue Inc | 55.73% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -183.8% |
| Return on Assets | -26.71% |
| Return on Invested Capital | -46.94% |
| Profit Margin (Quarterly) | -15.85% |
| Operating Margin (Quarterly) | -13.27% |
| Return on Net Operating Assets | -70.51% |