Newegg Commerce Inc (NEGG)
1.05
+0.22
(+26.52%)
USD |
NASDAQ |
May 13, 16:00
1.21
+0.16
(+15.24%)
Pre-Market: 08:36
Newegg Commerce Gross Profit Margin (Quarterly): 10.84% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 10.84% |
September 30, 2023 | 11.61% |
December 31, 2022 | 12.42% |
September 30, 2022 | 13.22% |
Date | Value |
---|---|
December 31, 2021 | 12.63% |
September 30, 2021 | 14.74% |
December 31, 2020 | 11.45% |
September 30, 2020 | 12.48% |
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
10.84%
Minimum
Dec 2023
14.74%
Maximum
Sep 2021
12.42%
Average
12.45%
Median
Gross Profit Margin (Quarterly) Benchmarks
Flanigan'S Enterprises Inc | 19.13% |
FG Group Holdings Inc (DELISTED) | 28.00% |
Delta Apparel Inc | 10.94% |
DSS Inc | -2.81% |
Envela Corp | 25.89% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -46.12% |
Return on Assets | -13.25% |
Return on Invested Capital | -41.67% |
Profit Margin (Quarterly) | -3.28% |
Operating Margin (Quarterly) | -3.86% |
Return on Net Operating Assets | -17.63% |