Renasant Gross Profit Margin (Quarterly)
Renasant Gross Profit Margin (Quarterly) Chart
Renasant Historical Gross Profit Margin (Quarterly) Data
|Data for this Date Range|
There is no data for the selected date range.
About Gross Profit Margin
A gross profit margin is the difference between sales and the cost of goods sold divided by revenue. This represents the percentage of each dollar of a company's revenue available after accounting for cost of goods sold.
If a company produces phones and earns $32 million in sales but pays $24 million for the items sold, then the company's gross profit margin would be ($32M - $24M) / $32M = 25 percent.
Cutting costs result in higher gross profit margins. If a company sells phones for 500 dollars and the cost of the producing the phone is $250, the current gross profit margin is 50 percent ((500-250)/500). If the company is able to reduce production costs from $250 to $200, the gross profit margin is 60 percent ((500-200)/500).
Note : Profit margins are very dependent on sector. Companies that sell bland potato chips may not have very high margins, but will sell a sizable quantity of potato chips. A company that sells consulting services will likely have higher profit margins, but sell lower quantities.
RNST Gross Profit Margin (Quarterly) Benchmarks
RNST Gross Profit Margin (Quarterly) Excel Add-In Codes
- Metric Code: gross_profit_margin
- Latest data point: =YCP("RNST", "gross_profit_margin")
- Last 5 data points: =YCS("RNST", "gross_profit_margin", -4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
Access our powerful Excel Add-in with a YCharts Professional Membership. Learn More.
MT Newswires 01/16 17:48 ET
SA Breaking News 01/16 17:35 ET
MT Newswires 01/16 17:13 ET
Yahoo 01/16 17:07 ET
SA Breaking News 01/16 16:54 ET
PR Newswire 01/16 16:49 ET
Yahoo 01/16 12:39 ET
SA Breaking News 01/15 17:35 ET