Kits Eyecare Ltd (KITS.TO)
8.57
+0.37
(+4.51%)
CAD |
TSX |
Jun 28, 15:59
Kits Eyecare Gross Profit Margin (Quarterly): 32.12% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 32.12% |
| December 31, 2023 | 34.99% |
| September 30, 2023 | 34.28% |
| June 30, 2023 | 33.00% |
| March 31, 2023 | 32.99% |
| December 31, 2022 | 33.93% |
| September 30, 2022 | 30.59% |
| June 30, 2022 | 32.23% |
| March 31, 2022 | 30.49% |
| December 31, 2021 | 30.11% |
| Date | Value |
|---|---|
| September 30, 2021 | 25.94% |
| June 30, 2021 | 21.63% |
| March 31, 2021 | 24.00% |
| December 31, 2020 | 23.35% |
| September 30, 2020 | 29.41% |
| June 30, 2020 | 31.54% |
| March 31, 2020 | 29.86% |
| December 31, 2019 | 31.11% |
| September 30, 2019 | 28.06% |
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
21.63%
Minimum
Jun 2021
34.99%
Maximum
Dec 2023
29.98%
Average
30.59%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| Rocky Mountain Liquor Inc | 22.78% |
| PlantX Life Inc | 44.61% |
| Emerge Commerce Ltd | 42.87% |
| Nextech3d AI Corp | 51.35% |
| Ambari Brands Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -2.17% |
| Return on Assets | -1.25% |
| Return on Invested Capital | -1.80% |
| Profit Margin (Quarterly) | 0.18% |
| Operating Margin (Quarterly) | -1.20% |
| Return on Net Operating Assets | -1.72% |