Sovos Brands Inc (DELISTED) (SOVO:DL)
22.98
0.00 (0.00%)
USD |
NASDAQ |
Mar 12, 16:00
Sovos Brands Gross Profit Margin (Quarterly): 29.95% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 29.95% |
| September 30, 2023 | 29.65% |
| June 30, 2023 | 32.49% |
| March 31, 2023 | 28.01% |
| December 31, 2022 | 28.97% |
| September 30, 2022 | 29.59% |
| June 30, 2022 | 27.87% |
| Date | Value |
|---|---|
| March 31, 2022 | 25.68% |
| December 31, 2021 | 31.44% |
| September 30, 2021 | 27.89% |
| June 30, 2021 | 30.71% |
| March 31, 2021 | 32.60% |
| December 31, 2020 | 33.64% |
| September 30, 2020 | 33.35% |
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
25.68%
Minimum
Mar 2022
33.64%
Maximum
Dec 2020
30.13%
Average
29.80%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Campbell Soup Co | 31.60% |
| Sprouts Farmers Market Inc | 38.34% |
| Laird Superfood Inc | 40.36% |
| Acme United Corp | 38.70% |
| Better Choice Co Inc | 9.33% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 6.02% |
| Return on Assets | 2.55% |
| Return on Invested Capital | 3.09% |
| Profit Margin (Quarterly) | 5.31% |
| Operating Margin (Quarterly) | 10.30% |
| Return on Net Operating Assets | 3.04% |