Reservoir Media Inc (RSVR)
8.99
+0.10
(+1.12%)
USD |
NASDAQ |
Nov 21, 16:00
9.00
+0.01
(+0.11%)
After-Hours: 20:00
Reservoir Media Gross Profit Margin (Quarterly): 63.53% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 63.53% |
| June 30, 2024 | 61.30% |
| March 31, 2024 | -37.96% |
| December 31, 2023 | 62.73% |
| September 30, 2023 | 62.39% |
| June 30, 2023 | 57.68% |
| March 31, 2023 | 80.32% |
| December 31, 2022 | 60.74% |
| September 30, 2022 | 58.09% |
| Date | Value |
|---|---|
| June 30, 2022 | 58.91% |
| March 31, 2022 | 63.08% |
| December 31, 2021 | 55.70% |
| September 30, 2021 | 60.06% |
| June 30, 2021 | 53.75% |
| March 31, 2021 | 62.45% |
| December 31, 2020 | 55.06% |
| September 30, 2020 | 60.79% |
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
-37.96%
Minimum
Mar 2024
80.32%
Maximum
Mar 2023
55.21%
Average
60.74%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| LiveOne Inc | 24.78% |
| Vnue Inc | 53.75% |
| Trophy Resources Inc | -- |
| AB International Group Corp | 95.37% |
| Music Licensing Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.09% |
| Return on Assets | -0.04% |
| Return on Invested Capital | -0.05% |
| Profit Margin (Quarterly) | 0.45% |
| Operating Margin (Quarterly) | 24.89% |
| Return on Net Operating Assets | -0.05% |