Himalaya Shipping Ltd (HSHP)
9.135
+0.12
(+1.27%)
USD |
NYSE |
Jun 28, 16:00
9.135
0.00 (0.00%)
After-Hours: 20:00
Himalaya Shipping Gross Profit Margin (Quarterly): 54.66% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 54.66% |
December 31, 2023 | 59.61% |
September 30, 2023 | 38.30% |
Date | Value |
---|---|
June 30, 2023 | 40.30% |
March 31, 2023 | 54.65% |
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
38.30%
Minimum
Sep 2023
59.61%
Maximum
Dec 2023
49.50%
Average
54.65%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
Nordic American Tankers Ltd | 51.04% |
SFL Corp Ltd | 39.71% |
Golden Ocean Group Ltd | 37.17% |
Ardmore Shipping Corp | 62.25% |
Hafnia Ltd | 57.99% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 3.03% |
Return on Assets | 0.68% |
Return on Invested Capital | 0.70% |
Profit Margin (Quarterly) | 10.57% |
Operating Margin (Quarterly) | 48.42% |
Return on Net Operating Assets | 0.71% |