Navitas Petroleum LP (NVPTF)
Navitas Petroleum Gross Profit Margin (Quarterly): 49.39% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 49.39% |
| March 31, 2024 | 46.80% |
| December 31, 2023 | 51.63% |
| September 30, 2023 | 56.78% |
| June 30, 2023 | 43.97% |
| March 31, 2023 | 49.87% |
| December 31, 2022 | 47.31% |
| September 30, 2022 | 55.42% |
| June 30, 2022 | 65.76% |
| March 31, 2022 | 68.04% |
| December 31, 2021 | 61.34% |
| Date | Value |
|---|---|
| September 30, 2021 | 56.72% |
| June 30, 2021 | 53.87% |
| March 31, 2021 | 53.34% |
| December 31, 2020 | 33.85% |
| September 30, 2020 | 32.15% |
| June 30, 2020 | 19.00% |
| March 31, 2020 | 35.03% |
| December 31, 2019 | 64.98% |
| September 30, 2019 | 40.12% |
| June 30, 2019 | 57.86% |
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
19.00%
Minimum
Jun 2020
68.04%
Maximum
Mar 2022
49.27%
Average
50.75%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Givot Olam Oil Exploration LP | -- |
| Delek Group Ltd | 41.18% |
| NewMed Energy LP | 64.04% |
| Isramco Negev 2 LP | 54.77% |
| Ratio Energies LP | 61.10% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 4.94% |
| Return on Assets | 1.72% |
| Return on Invested Capital | 1.85% |
| Profit Margin (Quarterly) | 43.06% |
| Operating Margin (Quarterly) | 20.30% |
| Return on Net Operating Assets | 2.13% |