Massimo Group (MAMO)
4.10
-0.01
(-0.24%)
USD |
NASDAQ |
May 15, 16:00
4.10
0.00 (0.00%)
After-Hours: 16:10
Massimo Group Gross Profit Margin (Quarterly): 30.68% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 30.68% |
September 30, 2023 | 33.63% |
Date | Value |
---|---|
December 31, 2022 | 27.35% |
September 30, 2022 | 23.35% |
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
23.35%
Minimum
Sep 2022
33.63%
Maximum
Sep 2023
28.75%
Average
29.02%
Median
Gross Profit Margin (Quarterly) Benchmarks
Polaris Inc | 19.02% |
Life Electric Vehicles Holdings Inc | 4.79% |
Vivic Corp | 14.86% |
Twin Vee PowerCats Co | 21.36% |
Tesla Inc | 17.35% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 84.23% |
Return on Assets | 21.16% |
Return on Invested Capital | 36.93% |
Profit Margin (Quarterly) | 9.70% |
Operating Margin (Quarterly) | 11.95% |
Return on Net Operating Assets | 22.07% |