Meritage Hospitality Group Inc (MHGU)
18.00
0.00 (0.00%)
USD |
OTCM |
May 17, 16:00
Meritage Hospitality Group Gross Profit Margin (Quarterly): 41.99% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 41.99% |
| December 31, 2023 | 41.01% |
| September 30, 2023 | 40.71% |
| June 30, 2023 | 41.88% |
| March 31, 2023 | 39.51% |
| December 31, 2022 | 39.99% |
| September 30, 2022 | 39.49% |
| June 30, 2022 | 41.64% |
| March 31, 2022 | 39.97% |
| December 31, 2021 | 40.32% |
| September 30, 2021 | 39.85% |
| June 30, 2021 | 43.97% |
| March 31, 2021 | 44.48% |
| December 31, 2020 | 43.75% |
| September 30, 2020 | 44.73% |
| June 30, 2020 | 47.52% |
| March 31, 2020 | 41.12% |
| December 31, 2019 | 43.22% |
| September 30, 2019 | 43.91% |
| June 30, 2019 | 44.18% |
| March 31, 2019 | 44.11% |
| December 31, 2018 | 45.45% |
| September 30, 2018 | 44.28% |
| June 30, 2018 | 45.33% |
| March 31, 2018 | 43.04% |
| Date | Value |
|---|---|
| December 31, 2017 | 43.29% |
| September 30, 2017 | 43.82% |
| June 30, 2017 | 44.82% |
| March 31, 2017 | 44.92% |
| December 31, 2016 | 45.14% |
| September 30, 2016 | 44.59% |
| June 30, 2016 | 44.63% |
| March 31, 2016 | 43.52% |
| December 31, 2015 | 43.06% |
| September 30, 2015 | 43.97% |
| June 30, 2015 | 45.01% |
| March 31, 2015 | 42.90% |
| December 31, 2014 | 40.51% |
| September 30, 2014 | 40.16% |
| June 30, 2014 | 41.93% |
| March 31, 2014 | 40.92% |
| December 31, 2013 | 40.82% |
| September 30, 2013 | 41.37% |
| June 30, 2013 | 42.21% |
| March 31, 2013 | 40.27% |
| December 31, 2012 | 40.82% |
| September 30, 2012 | 40.56% |
| June 30, 2012 | 41.23% |
| March 31, 2012 | 40.76% |
| May 31, 2007 | 72.82% |
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
39.49%
Minimum
Sep 2022
47.52%
Maximum
Jun 2020
42.16%
Average
41.76%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Ark Restaurants Corp | 34.57% |
| Flanigan'S Enterprises Inc | 23.23% |
| BJ's Restaurants Inc | 14.97% |
| Cheesecake Factory Inc | 41.18% |
| Cracker Barrel Old Country Store Inc | 31.79% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.35% |
| Return on Assets | 1.09% |
| Return on Invested Capital | 2.69% |
| Profit Margin (Quarterly) | 0.81% |
| Operating Margin (Quarterly) | 2.75% |
| Return on Net Operating Assets | 1.13% |