MRC Global Inc (MRC)
12.06
+0.24
(+2.03%)
USD |
NYSE |
Apr 23, 16:00
12.05
-0.01
(-0.08%)
After-Hours: 18:23
MRC Global Gross Profit Margin (Quarterly): 19.92% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 19.92% |
| September 30, 2023 | 20.61% |
| June 30, 2023 | 20.09% |
| March 31, 2023 | 20.23% |
| December 31, 2022 | 18.18% |
| September 30, 2022 | 18.25% |
| June 30, 2022 | 17.81% |
| March 31, 2022 | 18.33% |
| December 31, 2021 | 15.60% |
| September 30, 2021 | 13.87% |
| June 30, 2021 | 16.33% |
| March 31, 2021 | 16.91% |
| December 31, 2020 | 15.54% |
| September 30, 2020 | 19.49% |
| June 30, 2020 | 13.12% |
| March 31, 2020 | 18.64% |
| December 31, 2019 | 17.10% |
| September 30, 2019 | 18.47% |
| June 30, 2019 | 17.68% |
| March 31, 2019 | 17.94% |
| December 31, 2018 | 16.95% |
| September 30, 2018 | 16.06% |
| June 30, 2018 | 16.36% |
| March 31, 2018 | 16.73% |
| December 31, 2017 | 15.61% |
| Date | Value |
|---|---|
| September 30, 2017 | 15.85% |
| June 30, 2017 | 16.16% |
| March 31, 2017 | 16.24% |
| December 31, 2016 | 16.97% |
| September 30, 2016 | 11.10% |
| June 30, 2016 | 16.76% |
| March 31, 2016 | 16.99% |
| December 31, 2015 | 18.10% |
| September 30, 2015 | 17.27% |
| June 30, 2015 | 17.20% |
| March 31, 2015 | 17.03% |
| December 31, 2014 | 16.43% |
| September 30, 2014 | 17.18% |
| June 30, 2014 | 17.33% |
| March 31, 2014 | 17.78% |
| December 31, 2013 | 16.81% |
| September 30, 2013 | 18.14% |
| June 30, 2013 | 19.24% |
| March 31, 2013 | 18.89% |
| December 31, 2012 | 19.77% |
| September 30, 2012 | 19.10% |
| June 30, 2012 | 16.90% |
| March 31, 2012 | 17.11% |
| December 31, 2011 | 14.34% |
| September 30, 2011 | 14.72% |
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
13.12%
Minimum
Jun 2020
20.61%
Maximum
Sep 2023
17.69%
Average
18.18%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| Geospace Technologies Corp | 44.44% |
| NOV Inc | 21.21% |
| ChampionX Corp | 29.91% |
| Superior Drilling Products Inc | 46.57% |
| Drilling Tools International Corp | 77.04% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.40% |
| Return on Assets | 5.84% |
| Return on Invested Capital | 10.06% |
| Profit Margin (Quarterly) | 2.73% |
| Operating Margin (Quarterly) | 3.65% |
| Return on Net Operating Assets | 6.00% |