Solventum Corp (SOLV)
67.57
-0.53
(-0.78%)
USD |
NYSE |
Sep 27, 16:00
67.56
-0.01
(-0.01%)
After-Hours: 20:00
Solventum Gross Profit Margin (Quarterly): 54.64% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
June 30, 2024 | 54.64% |
March 31, 2024 | 58.13% |
December 31, 2023 | 53.22% |
September 30, 2023 | 54.35% |
Date | Value |
---|---|
June 30, 2023 | 57.27% |
March 31, 2023 | 56.54% |
December 31, 2022 | 55.31% |
September 30, 2022 | 57.19% |
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
53.22%
Minimum
Dec 2023
58.13%
Maximum
Mar 2024
55.83%
Average
55.93%
Median
Gross Profit Margin (Quarterly) Benchmarks
Spok Holdings Inc | 78.92% |
Ontrak Inc | 65.57% |
DarioHealth Corp | 44.06% |
National Research Corp | 61.67% |
FOXO Technologies Inc | -10.71% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 11.65% |
Return on Assets | 2.81% |
Return on Invested Capital | 3.43% |
Profit Margin (Quarterly) | 4.28% |
Operating Margin (Quarterly) | 11.73% |
Return on Net Operating Assets | 3.12% |