Opendoor Technologies Inc (OPEN)
1.85
+0.03
(+1.65%)
USD |
NASDAQ |
Nov 04, 16:00
1.86
+0.01
(+0.54%)
After-Hours: 06:37
Opendoor Technologies Gross Profit Margin (Quarterly): 8.54% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 8.54% |
| March 31, 2024 | 9.65% |
| December 31, 2023 | 8.28% |
| September 30, 2023 | 9.80% |
| June 30, 2023 | 7.54% |
| March 31, 2023 | 5.45% |
| December 31, 2022 | 2.49% |
| September 30, 2022 | -12.64% |
| June 30, 2022 | 11.58% |
| Date | Value |
|---|---|
| March 31, 2022 | 10.39% |
| December 31, 2021 | 7.12% |
| September 30, 2021 | 8.91% |
| June 30, 2021 | 13.41% |
| March 31, 2021 | 12.99% |
| December 31, 2020 | 15.50% |
| September 30, 2020 | 10.58% |
| June 30, 2020 | 7.38% |
| March 31, 2020 | 7.25% |
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
-12.64%
Minimum
Sep 2022
15.50%
Maximum
Dec 2020
8.01%
Average
8.73%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Redfin Corp | 37.12% |
| eXp World Holdings Inc | 7.53% |
| Chimera Investment Corp | -- |
| Dynex Capital Inc | -- |
| Orchid Island Capital Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -41.31% |
| Return on Assets | -10.75% |
| Return on Invested Capital | -11.03% |
| Profit Margin (Quarterly) | -6.09% |
| Operating Margin (Quarterly) | -4.77% |
| Return on Net Operating Assets | -21.45% |