Himalaya Shipping Ltd (HSHP)
6.95
+0.04
(+0.58%)
USD |
NYSE |
Nov 22, 12:26
Himalaya Shipping Gross Profit Margin (Quarterly): 63.73% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 63.73% |
| June 30, 2024 | 60.18% |
| March 31, 2024 | 54.66% |
| December 31, 2023 | 59.61% |
| Date | Value |
|---|---|
| September 30, 2023 | 38.30% |
| June 30, 2023 | 42.19% |
| 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
63.73%
Maximum
Sep 2024
53.33%
Average
54.66%
Median
Mar 2024
Gross Profit Margin (Quarterly) Benchmarks
| SFL Corp Ltd | 38.30% |
| Golden Ocean Group Ltd | 36.39% |
| Jardine Matheson Holdings Ltd | -- |
| Ardmore Shipping Corp | 38.40% |
| Stolt-Nielsen Ltd | 25.25% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 16.22% |
| Return on Assets | 3.33% |
| Return on Invested Capital | 3.38% |
| Profit Margin (Quarterly) | 27.22% |
| Operating Margin (Quarterly) | 60.45% |
| Return on Net Operating Assets | 3.44% |