Kinetik Holdings Inc (KNTK)
39.89
+0.93
(+2.39%)
USD |
NYSE |
May 10, 16:00
39.96
+0.07
(+0.18%)
After-Hours: 20:00
Kinetik Holdings Gross Profit Margin (Quarterly): 33.42% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
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% |
September 30, 2022 | 35.35% |
Date | Value |
---|---|
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
39.25%
Maximum
Jun 2023
32.31%
Average
34.18%
Median
Gross Profit Margin (Quarterly) Benchmarks
NuStar Energy LP (DELISTED) | 37.65% |
Plains All American Pipeline LP | 3.88% |
Permian Basin Royalty Trust | -- |
Dorian LPG Ltd | 71.97% |
Green Plains Partners LP (DELISTED) | 96.13% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 17.03% |
Return on Assets | 6.61% |
Return on Invested Capital | 6.94% |
Profit Margin (Quarterly) | 10.37% |
Operating Margin (Quarterly) | 8.87% |
Return on Net Operating Assets | 11.64% |