Snap Inc (SNAP)
14.55
+3.15
(+27.63%)
USD |
NYSE |
Apr 26, 16:00
14.50
-0.05
(-0.34%)
After-Hours: 20:00
Snap Gross Profit Margin (Quarterly): 51.89% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 51.89% |
| December 31, 2023 | 54.34% |
| September 30, 2023 | 53.24% |
| June 30, 2023 | 53.46% |
| March 31, 2023 | 55.49% |
| December 31, 2022 | 62.97% |
| September 30, 2022 | 58.64% |
| June 30, 2022 | 59.82% |
| March 31, 2022 | 60.39% |
| December 31, 2021 | 65.39% |
| September 30, 2021 | 58.46% |
| June 30, 2021 | 54.69% |
| March 31, 2021 | 46.39% |
| December 31, 2020 | 57.69% |
| September 30, 2020 | 56.81% |
| June 30, 2020 | 44.85% |
| March 31, 2020 | 45.21% |
| Date | Value |
|---|---|
| December 31, 2019 | 54.81% |
| September 30, 2019 | 49.99% |
| June 30, 2019 | 44.46% |
| March 31, 2019 | 36.41% |
| December 31, 2018 | 45.37% |
| September 30, 2018 | 33.64% |
| June 30, 2018 | 26.96% |
| March 31, 2018 | 14.68% |
| December 31, 2017 | 33.06% |
| September 30, 2017 | -1.33% |
| June 30, 2017 | 16.25% |
| March 31, 2017 | -9.16% |
| December 31, 2016 | 7.44% |
| September 30, 2016 | 0.33% |
| June 30, 2016 | -31.98% |
| March 31, 2016 | -95.30% |
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
44.46%
Minimum
Jun 2019
65.39%
Maximum
Dec 2021
54.45%
Average
54.75%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alphabet Inc | 56.47% |
| Pinterest Inc | 81.85% |
| Meta Platforms Inc | 81.79% |
| Spotify Technology SA | 27.61% |
| The Walt Disney Co | 33.81% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -53.58% |
| Return on Assets | -16.91% |
| Return on Invested Capital | -21.36% |
| Profit Margin (Quarterly) | -25.54% |
| Operating Margin (Quarterly) | -27.89% |
| Return on Net Operating Assets | -34.96% |