Green Thumb Industries Inc (GTBIF)
12.22
+0.42
(+3.56%)
USD |
OTCM |
Apr 26, 16:09
Green Thumb Industries Gross Profit Margin (Quarterly): 51.28% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 51.28% |
| September 30, 2023 | 48.59% |
| June 30, 2023 | 49.64% |
| March 31, 2023 | 50.18% |
| December 31, 2022 | 47.82% |
| September 30, 2022 | 50.25% |
| June 30, 2022 | 49.47% |
| March 31, 2022 | 50.68% |
| December 31, 2021 | 52.81% |
| September 30, 2021 | 55.43% |
| June 30, 2021 | 55.40% |
| March 31, 2021 | 57.02% |
| Date | Value |
|---|---|
| December 31, 2020 | 56.72% |
| September 30, 2020 | 55.35% |
| June 30, 2020 | 53.24% |
| March 31, 2020 | 51.64% |
| December 31, 2019 | 53.56% |
| September 30, 2019 | 47.27% |
| June 30, 2019 | 48.08% |
| March 31, 2019 | 45.82% |
| December 31, 2018 | 38.80% |
| September 30, 2018 | 49.62% |
| June 30, 2018 | 50.44% |
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
47.27%
Minimum
Sep 2019
57.02%
Maximum
Mar 2021
51.81%
Average
51.28%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
| Flora Growth Corp | 19.42% |
| Tilray Brands Inc | 26.23% |
| Clever Leaves Holdings Inc | -7.46% |
| Seelos Therapeutics Inc | -- |
| 180 Life Sciences Corp | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 2.14% |
| Return on Assets | 1.46% |
| Return on Invested Capital | 1.83% |
| Profit Margin (Quarterly) | 1.16% |
| Operating Margin (Quarterly) | 18.09% |
| Return on Net Operating Assets | 1.64% |