Global Water Resources Inc (GWRS)
12.63
+0.28
(+2.27%)
USD |
NASDAQ |
May 01, 16:00
12.63
0.00 (0.00%)
After-Hours: 20:00
Global Water Resources Gross Profit Margin (Quarterly): 74.84% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 74.84% |
| September 30, 2023 | 75.32% |
| June 30, 2023 | 75.53% |
| March 31, 2023 | 78.76% |
| December 31, 2022 | 76.31% |
| September 30, 2022 | 76.67% |
| June 30, 2022 | 74.87% |
| March 31, 2022 | 74.64% |
| December 31, 2021 | 74.36% |
| September 30, 2021 | 76.53% |
| June 30, 2021 | 77.34% |
| March 31, 2021 | 73.01% |
| December 31, 2020 | 75.56% |
| September 30, 2020 | 75.98% |
| June 30, 2020 | 76.34% |
| March 31, 2020 | 72.88% |
| December 31, 2019 | 74.54% |
| September 30, 2019 | 76.37% |
| June 30, 2019 | 75.69% |
| Date | Value |
|---|---|
| March 31, 2019 | 72.32% |
| December 31, 2018 | 74.01% |
| September 30, 2018 | 75.62% |
| June 30, 2018 | 81.32% |
| March 31, 2018 | 74.88% |
| December 31, 2017 | 74.88% |
| September 30, 2017 | 77.10% |
| June 30, 2017 | 77.70% |
| March 31, 2017 | 72.99% |
| December 31, 2016 | 74.09% |
| September 30, 2016 | 75.21% |
| June 30, 2016 | 72.84% |
| March 31, 2016 | 69.42% |
| December 31, 2015 | 72.71% |
| September 30, 2015 | 73.31% |
| June 30, 2015 | 70.55% |
| March 31, 2015 | 67.58% |
| December 31, 2014 | 67.61% |
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
72.88%
Minimum
Mar 2020
78.76%
Maximum
Mar 2023
75.55%
Average
75.56%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
| American Water Works Co Inc | 54.26% |
| American States Water Co | 76.14% |
| Artesian Resources Corp | 47.78% |
| Cadiz Inc | -105.4% |
| Middlesex Water Co | 50.60% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 16.95% |
| Return on Assets | 2.30% |
| Return on Invested Capital | 5.08% |
| Profit Margin (Quarterly) | 9.24% |
| Operating Margin (Quarterly) | 13.44% |
| Return on Net Operating Assets | 2.36% |