Hut 8 Corp (HUT)
23.51
-0.95
(-3.88%)
USD |
NASDAQ |
Nov 21, 16:00
23.60
+0.09
(+0.38%)
After-Hours: 19:38
Hut 8 Gross Profit Margin (Quarterly): 58.37% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 58.37% |
| June 30, 2024 | |
| March 31, 2024 | 91.37% |
| September 30, 2023 | 46.96% |
| June 30, 2023 | 53.03% |
| March 31, 2023 | 59.89% |
| Date | Value |
|---|---|
| December 31, 2022 | 40.73% |
| September 30, 2022 | 47.54% |
| 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
91.37%
Maximum
Mar 2024
60.52%
Average
59.89%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| Riot Platforms Inc | 13.98% |
| MARA Holdings Inc | -50.91% |
| Coinbase Global Inc | 71.00% |
| Cleanspark Inc | 40.13% |
| Robinhood Markets Inc | 81.00% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 40.35% |
| Return on Assets | 24.66% |
| Return on Invested Capital | 26.81% |
| Profit Margin (Quarterly) | 1.53% |
| Operating Margin (Quarterly) | -4.77% |
| Return on Net Operating Assets | 70.47% |