NewLake Capital Partners Inc (NLCP)
20.67
-0.02
(-0.12%)
USD |
OTCM |
Sep 27, 16:00
NewLake Capital Partners Gross Profit Margin (Quarterly): 99.78% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
June 30, 2024 | 99.78% |
March 31, 2024 | 99.83% |
December 31, 2023 |
Date | Value |
---|---|
September 30, 2023 | |
June 30, 2023 | 99.51% |
March 31, 2023 | 99.18% |
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
99.18%
Minimum
Mar 2023
99.83%
Maximum
Mar 2024
99.57%
Average
99.64%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 6.41% |
Return on Assets | 6.09% |
Return on Invested Capital | 6.36% |
Profit Margin (Quarterly) | 54.56% |
Operating Margin (Quarterly) | 55.92% |