Lightwave Logic Inc (LWLG)
2.85
+0.08
(+2.89%)
USD |
NASDAQ |
Nov 21, 16:00
2.85
0.00 (0.00%)
After-Hours: 20:00
Lightwave Logic Gross Profit Margin (Quarterly): 94.61% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 94.61% |
| June 30, 2024 |
| Date | Value |
|---|---|
| March 31, 2024 | 82.99% |
| December 31, 2023 | 93.80% |
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
82.99%
Minimum
Mar 2024
94.61%
Maximum
Sep 2024
90.46%
Average
93.80%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -61.58% |
| Return on Assets | -54.94% |
| Return on Invested Capital | -61.58% |
| Profit Margin (Quarterly) | -23.13K% |
| Operating Margin (Quarterly) | -23.12K% |
| Return on Net Operating Assets | -238.4% |