Mereo BioPharma Group PLC (MREO)
3.755
+0.08
(+2.04%)
USD |
NASDAQ |
Nov 22, 13:08
Mereo BioPharma Group Gross Profit Margin (Quarterly)
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2023 | 61.89% |
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
61.89%
Minimum
Jun 2023
61.89%
Maximum
Jun 2023
61.89%
Average
61.89%
Median
Jun 2023