NEXTracker Inc (NXT)
43.73
+0.87
(+2.03%)
USD |
NASDAQ |
May 02, 16:00
43.73
0.00 (0.00%)
After-Hours: 16:21
NEXTracker Gross Profit Margin (Quarterly): 29.52% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 29.52% |
| September 30, 2023 | 26.01% |
| June 30, 2023 | 23.72% |
| March 31, 2023 | 17.42% |
| December 31, 2022 | 16.02% |
| Date | Value |
|---|---|
| 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
29.52%
Maximum
Dec 2023
17.53%
Average
16.02%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| First Solar Inc | 43.33% |
| SunPower Corp | 3.08% |
| NVIDIA Corp | 75.97% |
| Enphase Energy Inc | 43.86% |
| Kulicke & Soffa Industries Inc | 46.67% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -16.64% |
| Return on Assets | -5.04% |
| Return on Invested Capital | -13.55% |
| Profit Margin (Quarterly) | 5.83% |
| Operating Margin (Quarterly) | 20.90% |
| Return on Net Operating Assets | -7.85% |