NEXTracker Inc (NXT)
37.40
-0.18
(-0.49%)
USD |
NASDAQ |
Nov 21, 16:00
37.01
-0.40
(-1.06%)
After-Hours: 20:00
NEXTracker Gross Profit Margin (Quarterly): 35.37% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 35.37% |
| June 30, 2024 | 32.98% |
| March 31, 2024 | 46.23% |
| December 31, 2023 | 29.52% |
| September 30, 2023 | 26.01% |
| June 30, 2023 | 23.72% |
| Date | Value |
|---|---|
| March 31, 2023 | 17.42% |
| December 31, 2022 | 16.02% |
| September 30, 2022 | 13.82% |
| June 30, 2022 | 12.37% |
| March 31, 2022 | 8.86% |
| December 31, 2021 | 10.00% |
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
8.86%
Minimum
Mar 2022
46.23%
Maximum
Mar 2024
22.69%
Average
20.57%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Enphase Energy Inc | 46.78% |
| Array Technologies Inc | 33.84% |
| First Solar Inc | 50.17% |
| Intel Corp | 15.03% |
| IPG Photonics Corp | 23.20% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 49.99% |
| Return on Assets | 20.08% |
| Return on Invested Capital | 43.46% |
| Profit Margin (Quarterly) | 18.16% |
| Operating Margin (Quarterly) | 21.00% |
| Return on Net Operating Assets | 38.45% |