Opendoor Technologies Inc (OPEN)
1.715
+0.08
(+5.21%)
USD |
NASDAQ |
Nov 21, 16:00
1.70
-0.02
(-0.87%)
After-Hours: 20:00
Opendoor Technologies Gross Profit Margin (Quarterly): 7.63% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 7.63% |
| 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
7.99%
Average
8.54%
Median
Jun 2024
Gross Profit Margin (Quarterly) Benchmarks
| Redfin Corp | 36.64% |
| eXp World Holdings Inc | 7.12% |
| Anywhere Real Estate Inc | 34.98% |
| Chimera Investment Corp | -- |
| Dynex Capital Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -40.82% |
| Return on Assets | -10.45% |
| Return on Invested Capital | -10.74% |
| Profit Margin (Quarterly) | -5.66% |
| Operating Margin (Quarterly) | -4.87% |
| Return on Net Operating Assets | -18.11% |