Qorvo Inc (QRVO)
97.75
+0.72
(+0.74%)
USD |
NASDAQ |
May 10, 16:00
97.75
0.00 (0.00%)
After-Hours: 17:03
Qorvo Gross Profit Margin (Quarterly): 40.58% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 40.58% |
December 31, 2023 | 36.12% |
September 30, 2023 | 44.38% |
June 30, 2023 | 35.18% |
March 31, 2023 | 18.13% |
December 31, 2022 | 36.06% |
September 30, 2022 | 46.54% |
June 30, 2022 | 36.24% |
March 31, 2022 | 48.91% |
December 31, 2021 | 49.20% |
September 30, 2021 | 49.52% |
June 30, 2021 | 49.19% |
March 31, 2021 | 49.26% |
December 31, 2020 | 49.12% |
September 30, 2020 | 46.36% |
June 30, 2020 | 41.37% |
March 31, 2020 | 42.62% |
December 31, 2019 | 42.36% |
September 30, 2019 | 40.11% |
June 30, 2019 | 37.94% |
March 31, 2019 | 39.15% |
Date | Value |
---|---|
December 31, 2018 | 40.65% |
September 30, 2018 | 39.97% |
June 30, 2018 | 34.18% |
March 31, 2018 | 37.97% |
December 31, 2017 | 39.84% |
September 30, 2017 | 39.07% |
June 30, 2017 | 36.89% |
March 31, 2017 | 36.02% |
December 31, 2016 | 37.59% |
September 30, 2016 | 36.64% |
June 30, 2016 | 39.58% |
March 31, 2016 | 41.80% |
December 31, 2015 | 37.22% |
September 30, 2015 | 40.21% |
June 30, 2015 | 41.49% |
March 31, 2015 | 29.75% |
December 31, 2014 | 48.03% |
September 30, 2014 | 46.17% |
June 30, 2014 | 44.98% |
March 31, 2014 | 38.78% |
December 31, 2013 | 37.27% |
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
18.13%
Minimum
Mar 2023
49.52%
Maximum
Sep 2021
41.96%
Average
42.49%
Median
Gross Profit Margin (Quarterly) Benchmarks
Apple Inc | 46.58% |
NVIDIA Corp | 75.97% |
Skyworks Solutions Inc | 40.18% |
Intel Corp | 41.00% |
Keysight Technologies Inc | 64.58% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -1.88% |
Return on Assets | -1.05% |
Return on Invested Capital | -1.22% |
Profit Margin (Quarterly) | 0.29% |
Operating Margin (Quarterly) | 3.19% |
Return on Net Operating Assets | -1.28% |