MEG Energy Corp (MEG.TO)
31.33
+0.06
(+0.19%)
CAD |
TSX |
Apr 19, 13:12
MEG Energy Gross Profit Margin (Quarterly): 27.55% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 27.55% |
| September 30, 2023 | 40.40% |
| June 30, 2023 | 32.47% |
| March 31, 2023 | 28.13% |
| December 31, 2022 | 37.63% |
| September 30, 2022 | 39.16% |
| June 30, 2022 | 42.54% |
| March 31, 2022 | 46.26% |
| December 31, 2021 | 38.46% |
| September 30, 2021 | 39.59% |
| June 30, 2021 | 38.42% |
| March 31, 2021 | 35.29% |
| December 31, 2020 | 15.74% |
| September 30, 2020 | 9.16% |
| June 30, 2020 | -31.60% |
| March 31, 2020 | -2.24% |
| December 31, 2019 | 18.82% |
| September 30, 2019 | 26.57% |
| June 30, 2019 | 7.04% |
| March 31, 2019 | 23.54% |
| December 31, 2018 | -11.13% |
| September 30, 2018 | 26.80% |
| June 30, 2018 | 22.84% |
| March 31, 2018 | 18.31% |
| December 31, 2017 | 31.55% |
| Date | Value |
|---|---|
| September 30, 2017 | 18.19% |
| June 30, 2017 | 18.28% |
| March 31, 2017 | 16.99% |
| December 31, 2016 | 18.88% |
| September 30, 2016 | 12.77% |
| June 30, 2016 | 10.46% |
| March 31, 2016 | -27.20% |
| December 31, 2015 | 0.83% |
| September 30, 2015 | 16.05% |
| June 30, 2015 | 27.89% |
| March 31, 2015 | 9.22% |
| December 31, 2014 | 31.12% |
| September 30, 2014 | 39.31% |
| June 30, 2014 | 38.85% |
| March 31, 2014 | 33.79% |
| December 31, 2013 | 19.68% |
| September 30, 2013 | 42.43% |
| June 30, 2013 | 36.58% |
| March 31, 2013 | 18.13% |
| December 31, 2012 | 32.13% |
| September 30, 2012 | 32.95% |
| June 30, 2012 | 32.39% |
| March 31, 2012 | 33.81% |
| December 31, 2011 | 18.02% |
| September 30, 2011 | 56.20% |
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
-31.60%
Minimum
Jun 2020
46.26%
Maximum
Mar 2022
25.76%
Average
32.47%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
| Suncor Energy Inc | 26.68% |
| Birchcliff Energy Ltd | -3.17% |
| Cenovus Energy Inc | 18.84% |
| Canadian Natural Resources Ltd | 28.91% |
| Enerplus Corp | 28.22% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 12.72% |
| Return on Assets | 8.16% |
| Return on Invested Capital | 9.73% |
| Profit Margin (Quarterly) | 6.32% |
| Operating Margin (Quarterly) | 11.96% |
| Return on Net Operating Assets | 8.44% |