Grove Collaborative Holdings Inc (GROV)
1.30
+0.02
(+1.56%)
USD |
NYSE |
Nov 04, 16:00
1.30
0.00 (0.00%)
After-Hours: 20:00
Grove Collaborative Holdings Gross Profit Margin (Quarterly): 53.86% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 53.86% |
| March 31, 2024 | 55.54% |
| 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% |
| Date | Value |
|---|---|
| September 30, 2022 | 49.10% |
| 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
55.54%
Maximum
Mar 2024
50.69%
Average
50.42%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Hims & Hers Health Inc | 81.30% |
| The Beauty Health Co | 45.19% |
| Waldencast PLC | -- |
| European Wax Center Inc | 73.24% |
| Kenvue Inc | 59.12% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -178.8% |
| Return on Assets | -22.15% |
| Return on Invested Capital | -36.40% |
| Profit Margin (Quarterly) | -19.31% |
| Operating Margin (Quarterly) | -13.31% |
| Return on Net Operating Assets | -62.23% |