Loar Holdings Inc (LOAR)
80.80
-1.37
(-1.67%)
USD |
NYSE |
Nov 15, 16:00
82.01
+1.21
(+1.50%)
After-Hours: 20:00
Loar Holdings Gross Profit Margin (Quarterly): 51.11% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
September 30, 2024 | 51.11% |
June 30, 2024 | 48.99% |
March 31, 2024 | 48.38% |
December 31, 2023 | 46.42% |
Date | Value |
---|---|
September 30, 2023 | 49.07% |
June 30, 2023 | 50.65% |
March 31, 2023 | 48.53% |
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
46.42%
Minimum
Dec 2023
51.11%
Maximum
Sep 2024
49.02%
Average
48.99%
Median
Jun 2024
Gross Profit Margin (Quarterly) Benchmarks
Heico Corp | 39.23% |
AAR Corp | 17.71% |
General Dynamics Corp | 15.56% |
GE Aerospace | 36.74% |
Triumph Group Inc | 32.91% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 3.04% |
Return on Assets | 1.54% |
Return on Invested Capital | 1.68% |
Profit Margin (Quarterly) | 8.36% |
Operating Margin (Quarterly) | 23.70% |
Return on Net Operating Assets | 1.64% |