Hut 8 Corp (HUT)
8.00
+0.14
(+1.78%)
USD |
NASDAQ |
May 01, 16:00
8.26
+0.26
(+3.25%)
Pre-Market: 08:37
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
Riot Platforms Inc | 19.47% |
Marathon Digital Holdings Inc | 6.83% |
Cleanspark Inc | 40.07% |
Coinbase Global Inc | 86.84% |
Cipher Mining Inc | 69.39% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -194.0% |
Return on Assets | -31.88% |
Return on Invested Capital | -34.17% |
Profit Margin (Quarterly) | -19.67% |
Operating Margin (Quarterly) | 0.24% |
Return on Net Operating Assets | -63.65% |