Mayville Engineering Co Inc (MEC)
16.92
+0.36
(+2.14%)
USD |
NYSE |
Nov 22, 15:52
Mayville Engineering Gross Profit Margin (Quarterly): 12.63% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 12.63% |
| June 30, 2024 | 13.61% |
| March 31, 2024 | 12.98% |
| December 31, 2023 | 12.26% |
| September 30, 2023 | 12.02% |
| June 30, 2023 | 11.58% |
| March 31, 2023 | 11.48% |
| December 31, 2022 | 10.10% |
| September 30, 2022 | 11.35% |
| June 30, 2022 | 13.20% |
| March 31, 2022 | 10.92% |
| December 31, 2021 | 8.33% |
| September 30, 2021 | 10.01% |
| June 30, 2021 | 13.54% |
| Date | Value |
|---|---|
| March 31, 2021 | 13.12% |
| December 31, 2020 | 11.62% |
| September 30, 2020 | 10.69% |
| June 30, 2020 | -1.84% |
| March 31, 2020 | 10.90% |
| December 31, 2019 | 3.94% |
| September 30, 2019 | 11.34% |
| June 30, 2019 | 14.15% |
| March 31, 2019 | 13.62% |
| December 31, 2018 | 11.37% |
| September 30, 2018 | 15.20% |
| June 30, 2018 | 16.99% |
| March 31, 2018 | 13.54% |
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
-1.84%
Minimum
Jun 2020
13.61%
Maximum
Jun 2024
10.62%
Average
11.53%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Worthington Enterprises Inc | 24.29% |
| Broadwind Inc | 14.64% |
| Ocean Power Technologies Inc | 34.36% |
| SIFCO Industries Inc | 15.50% |
| Nuburu Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 5.24% |
| Return on Assets | 2.47% |
| Return on Invested Capital | 3.29% |
| Profit Margin (Quarterly) | 2.20% |
| Operating Margin (Quarterly) | 4.23% |
| Return on Net Operating Assets | 2.53% |