Kinetik Holdings Inc (KNTK)
62.14
+1.55
(+2.56%)
USD |
NYSE |
Nov 21, 16:00
63.00
+0.86
(+1.38%)
After-Hours: 20:00
Kinetik Holdings Gross Profit Margin (Quarterly): 41.42% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 41.42% |
| June 30, 2024 | 38.36% |
| March 31, 2024 | 33.42% |
| December 31, 2023 | 38.56% |
| September 30, 2023 | 34.09% |
| June 30, 2023 | 39.25% |
| March 31, 2023 | 34.27% |
| December 31, 2022 | 35.34% |
| Date | Value |
|---|---|
| September 30, 2022 | 35.35% |
| June 30, 2022 | 34.65% |
| March 31, 2022 | 29.52% |
| December 31, 2021 | 21.61% |
| September 30, 2021 | 29.37% |
| June 30, 2021 | 25.85% |
| March 31, 2021 | 37.22% |
| December 31, 2020 | 23.84% |
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
21.61%
Minimum
Dec 2021
41.42%
Maximum
Sep 2024
33.26%
Average
34.46%
Median
Gross Profit Margin (Quarterly) Benchmarks
| International Seaways Inc | 45.24% |
| Plains All American Pipeline LP | 3.50% |
| Permian Basin Royalty Trust | -- |
| Titan NRG | -- |
| Dorian LPG Ltd | 42.36% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 17.96% |
| Return on Assets | 7.52% |
| Return on Invested Capital | 7.91% |
| Profit Margin (Quarterly) | 21.11% |
| Operating Margin (Quarterly) | 18.39% |
| Return on Net Operating Assets | 12.66% |