Green Thumb Industries Inc (GTBIF)
9.50
+0.16
(+1.71%)
USD |
OTCM |
Nov 27, 16:00
Green Thumb Industries Gross Profit Margin (Quarterly): 51.45% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 51.45% |
| June 30, 2024 | 53.73% |
| March 31, 2024 | 52.55% |
| 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% |
| Date | Value |
|---|---|
| June 30, 2021 | 55.40% |
| March 31, 2021 | 57.02% |
| 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
47.82%
Minimum
Dec 2022
57.02%
Maximum
Mar 2021
52.34%
Average
52.10%
Median
Gross Profit Margin (Quarterly) Benchmarks
| MariMed Inc | 41.33% |
| cbdMD Inc | 65.78% |
| Flora Growth Corp | 22.78% |
| NovaBay Pharmaceuticals Inc | 65.26% |
| Palatin Technologies Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 3.66% |
| Return on Assets | 2.52% |
| Return on Invested Capital | 3.13% |
| Profit Margin (Quarterly) | 3.00% |
| Operating Margin (Quarterly) | 14.86% |
| Return on Net Operating Assets | 2.84% |