Local Bounti Corp (LOCL)
2.45
-0.03
(-1.05%)
USD |
NYSE |
Nov 04, 16:00
2.43
-0.02
(-0.82%)
After-Hours: 20:00
Local Bounti Gross Profit Margin (Quarterly): 14.31% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 14.31% |
| March 31, 2024 | 9.38% |
| December 31, 2023 | 9.90% |
| September 30, 2023 | 5.95% |
| June 30, 2023 | 11.86% |
| March 31, 2023 | 4.17% |
| December 31, 2022 | 13.77% |
| Date | Value |
|---|---|
| September 30, 2022 | 20.21% |
| June 30, 2022 | -0.19% |
| March 31, 2022 | 17.02% |
| December 31, 2021 | 51.91% |
| September 30, 2021 | 2.52% |
| June 30, 2021 | 25.00% |
| March 31, 2021 | 21.05% |
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
-0.19%
Minimum
Jun 2022
51.91%
Maximum
Dec 2021
14.77%
Average
12.82%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alico Inc | -31.50% |
| S&W Seed Co | 16.73% |
| Stevia Nutra Corp | -- |
| Pioneer Green Farms Inc | 94.14% |
| 22nd Century Group Inc | 12.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -466.7% |
| Return on Assets | -35.23% |
| Return on Invested Capital | -45.55% |
| Profit Margin (Quarterly) | -267.6% |
| Operating Margin (Quarterly) | -146.8% |
| Return on Net Operating Assets | -37.64% |