Madison Square Garden Entertainment Corp (MSGE)
36.85
+0.28
(+0.77%)
USD |
NYSE |
May 15, 12:41
Madison Square Garden Entertainment Gross Profit Margin (Quarterly): 37.80% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 37.80% |
| December 31, 2023 | 49.65% |
| September 30, 2023 | 28.50% |
| June 30, 2023 | 30.69% |
| March 31, 2023 | 42.79% |
| Date | Value |
|---|---|
| December 31, 2022 | 49.25% |
| September 30, 2022 | 30.58% |
| June 30, 2022 | 29.85% |
| March 31, 2022 | 43.32% |
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
28.50%
Minimum
Sep 2023
49.65%
Maximum
Dec 2023
38.05%
Average
37.80%
Median
Mar 2024
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | 3.69% |
| Return on Invested Capital | 9.42% |
| Profit Margin (Quarterly) | 1.22% |
| Operating Margin (Quarterly) | 8.39% |
| Return on Net Operating Assets | 4.20% |