Shoals Technologies Group Inc (SHLS)
4.40
-0.01
(-0.23%)
USD |
NASDAQ |
Nov 21, 16:00
4.53
+0.13
(+2.95%)
After-Hours: 20:00
Shoals Technologies Group Gross Profit Margin (Quarterly): 24.84% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 24.84% |
| June 30, 2024 | 40.30% |
| March 31, 2024 | 40.15% |
| December 31, 2023 | 42.46% |
| September 30, 2023 | 10.54% |
| June 30, 2023 | 42.38% |
| March 31, 2023 | 45.92% |
| December 31, 2022 | 42.66% |
| September 30, 2022 | 39.69% |
| June 30, 2022 | 38.91% |
| Date | Value |
|---|---|
| March 31, 2022 | 38.68% |
| December 31, 2021 | 33.14% |
| September 30, 2021 | 36.38% |
| June 30, 2021 | 43.83% |
| March 31, 2021 | 41.17% |
| December 31, 2020 | 38.30% |
| September 30, 2020 | 39.33% |
| June 30, 2020 | 38.75% |
| March 31, 2020 | 34.82% |
| December 31, 2019 | 32.93% |
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
10.54%
Minimum
Sep 2023
45.92%
Maximum
Mar 2023
37.26%
Average
39.12%
Median
Gross Profit Margin (Quarterly) Benchmarks
| First Solar Inc | 50.17% |
| NVIDIA Corp | 74.56% |
| Enphase Energy Inc | 46.78% |
| Intel Corp | 15.03% |
| Broadcom Inc | 63.92% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 6.06% |
| Return on Assets | 4.01% |
| Return on Invested Capital | 4.64% |
| Profit Margin (Quarterly) | -0.26% |
| Operating Margin (Quarterly) | 4.43% |
| Return on Net Operating Assets | 10.02% |