Massimo Group (MAMO)
2.88
+0.15
(+5.49%)
USD |
NASDAQ |
Nov 21, 16:00
2.87
-0.01
(-0.35%)
After-Hours: 20:00
Massimo Group Gross Profit Margin (Quarterly): 27.16% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 27.16% |
| June 30, 2024 | 32.48% |
| March 31, 2024 | 34.66% |
| December 31, 2023 | 30.68% |
| September 30, 2023 | 33.63% |
| Date | Value |
|---|---|
| June 30, 2023 | 30.31% |
| March 31, 2023 | 29.81% |
| 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
34.66%
Maximum
Mar 2024
29.94%
Average
30.31%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
| Polaris Inc | 20.59% |
| Life Electric Vehicles Holdings Inc | 4.79% |
| Vivic Corp | 32.06% |
| Twin Vee PowerCats Co | -5.02% |
| Tesla Inc | 19.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 40.58% |
| Return on Assets | 15.48% |
| Return on Invested Capital | 27.44% |
| Profit Margin (Quarterly) | -9.77% |
| Operating Margin (Quarterly) | 1.30% |
| Return on Net Operating Assets | 16.23% |