Mullen Automotive Inc (MULN)
2.54
-0.91
(-26.38%)
USD |
NASDAQ |
Nov 15, 16:00
2.54
0.00 (0.00%)
After-Hours: 20:00
Mullen Automotive Gross Profit Margin (Quarterly): 44.80% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 44.80% |
| March 31, 2024 | 59.68% |
| December 31, 2023 |
| Date | Value |
|---|---|
| September 30, 2023 | 56.53% |
| June 30, 2023 | 19.26% |
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
19.26%
Minimum
Jun 2023
59.68%
Maximum
Mar 2024
45.07%
Average
50.67%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Ford Motor Co | 7.22% |
| Rivian Automotive Inc | -44.85% |
| Workhorse Group Inc | -766.7% |
| AYRO Inc | -- |
| Canoo Inc | -205.0% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -212.5% |
| Return on Assets | -128.1% |
| Return on Invested Capital | -207.1% |
| Profit Margin (Quarterly) | -133.9K% |
| Operating Margin (Quarterly) | -94.64K% |
| Return on Net Operating Assets | -187.6% |