Right On Brands Inc (RTON)
0.0466
0.00 (0.00%)
USD |
OTCM |
May 03, 16:00
Right On Brands Gross Profit Margin (Quarterly): 53.55% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 53.55% |
| September 30, 2023 | 56.87% |
| June 30, 2023 | 54.13% |
| March 31, 2023 | 65.05% |
| December 31, 2022 | 42.20% |
| September 30, 2022 | 42.44% |
| June 30, 2022 | 58.71% |
| March 31, 2022 | 51.60% |
| December 31, 2021 | 38.82% |
| September 30, 2021 | 20.89% |
| June 30, 2021 | 81.25% |
| March 31, 2021 | 18.04% |
| December 31, 2020 | 54.46% |
| September 30, 2020 | 78.17% |
| Date | Value |
|---|---|
| June 30, 2020 | 22.48% |
| March 31, 2020 | -537.6% |
| December 31, 2019 | 21.68% |
| September 30, 2019 | 28.01% |
| June 30, 2019 | 36.10% |
| March 31, 2019 | 72.32% |
| December 31, 2018 | 28.16% |
| September 30, 2018 | 33.37% |
| June 30, 2018 | 33.20% |
| March 31, 2018 | 3.34% |
| December 31, 2017 | 51.03% |
| September 30, 2017 | 70.54% |
| June 30, 2017 | -147.1% |
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
-537.6%
Minimum
Mar 2020
81.25%
Maximum
Jun 2021
15.10%
Average
42.44%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| Acme United Corp | 38.70% |
| Spectrum Brands Holdings Inc | 35.38% |
| RegalWorks Media Inc | -- |
| Sow Good Inc | 35.49% |
| Branchout Food inc | -12.72% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | -195.0% |
| Profit Margin (Quarterly) | -64.58% |
| Operating Margin (Quarterly) | -4.25% |
| Return on Net Operating Assets | -198.0% |