Source Rock Royalties Ltd (SRR.V)
0.88
+0.01
(+1.15%)
CAD |
TSXV |
Nov 22, 15:29
Source Rock Royalties Gross Profit Margin (Quarterly): 50.86% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 50.86% |
| March 31, 2024 | 43.11% |
| December 31, 2023 | 50.40% |
| September 30, 2023 | 55.58% |
| June 30, 2023 | 49.82% |
| March 31, 2023 | 51.72% |
| December 31, 2022 | 61.27% |
| Date | Value |
|---|---|
| September 30, 2022 | 66.62% |
| June 30, 2022 | 71.59% |
| March 31, 2022 | 64.74% |
| December 31, 2021 | 54.66% |
| September 30, 2021 | 50.51% |
| June 30, 2021 | 47.78% |
| March 31, 2021 | 31.97% |
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
31.97%
Minimum
Mar 2021
71.59%
Maximum
Jun 2022
53.62%
Average
51.29%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Pembina Pipeline Corp | 40.51% |
| Gibson Energy Inc | 3.94% |
| South Bow Corp | 81.46% |
| Enbridge Inc | 30.23% |
| TC Energy Corp | 45.11% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 6.20% |
| Return on Assets | 6.08% |
| Return on Invested Capital | 6.20% |
| Profit Margin (Quarterly) | 25.09% |
| Operating Margin (Quarterly) | 33.46% |
| Return on Net Operating Assets | 7.40% |