Innoviva Inc (INVA)
19.06
-0.09
(-0.47%)
USD |
NASDAQ |
Nov 21, 16:00
19.08
+0.02
(+0.08%)
After-Hours: 20:00
Innoviva Gross Profit Margin (Quarterly): 88.84% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 88.84% |
| June 30, 2024 | 91.52% |
| March 31, 2024 | 85.84% |
| December 31, 2023 | 84.70% |
| September 30, 2023 | 84.86% |
| Date | Value |
|---|---|
| June 30, 2023 | 88.91% |
| March 31, 2023 | 86.45% |
| December 31, 2022 | 84.63% |
| September 30, 2022 | 94.53% |
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
84.63%
Minimum
Dec 2022
94.53%
Maximum
Sep 2022
87.81%
Average
86.45%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 9.67% |
| Return on Assets | 5.25% |
| Return on Invested Capital | 5.79% |
| Profit Margin (Quarterly) | 1.36% |
| Operating Margin (Quarterly) | 48.31% |
| Return on Net Operating Assets | 17.35% |