Hut 8 Corp (HUT.TO)
12.31
-0.86
(-6.53%)
CAD |
TSX |
Apr 24, 16:00
Hut 8 Gross Profit Margin (Quarterly): 46.96% for Sept. 30, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2023 | 46.96% |
| June 30, 2023 | 53.03% |
| March 31, 2023 | 59.89% |
| December 31, 2022 | 40.73% |
| September 30, 2022 | 47.54% |
| Date | Value |
|---|---|
| June 30, 2022 | 61.60% |
| March 31, 2022 | 60.19% |
| December 31, 2021 | 81.87% |
| September 30, 2021 | 64.13% |
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
40.73%
Minimum
Dec 2022
81.87%
Maximum
Dec 2021
57.33%
Average
59.89%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| XS Financial Inc | 76.77% |
| Galaxy Digital Holdings Ltd | -- |
| GRIID Infrastructure Inc | 25.38% |
| Starrex International Ltd | 54.02% |
| Prophecy DeFi Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -193.2% |
| Return on Assets | -31.84% |
| Return on Invested Capital | -34.13% |
| Profit Margin (Quarterly) | -19.67% |
| Operating Margin (Quarterly) | 0.24% |
| Return on Net Operating Assets | -63.48% |