Newegg Commerce Inc (NEGG)
0.6191
-0.03
(-4.75%)
USD |
NASDAQ |
Nov 14, 13:03
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 | 13.11% |
| DSS Inc | -34.72% |
| Envela Corp | 24.44% |
| Northann Corp | 19.88% |
| High Roller Technologies Inc | 45.50% |
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% |