Toro Corp (TORO)
4.16
-0.06
(-1.42%)
USD |
NASDAQ |
May 06, 16:00
4.16
0.00 (0.00%)
After-Hours: 19:20
Toro Gross Profit Margin (Quarterly): 33.12% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 33.12% |
September 30, 2023 | 8.16% |
June 30, 2023 | 61.85% |
March 31, 2023 | 73.06% |
December 31, 2022 | 69.33% |
Date | Value |
---|---|
September 30, 2022 | 51.81% |
June 30, 2022 | 24.52% |
March 31, 2022 | 11.02% |
December 31, 2021 | 15.12% |
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
8.16%
Minimum
Sep 2023
73.06%
Maximum
Mar 2023
38.67%
Average
33.12%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
SFL Corp Ltd | 36.65% |
Costamare Inc | 25.02% |
Siem Industries Inc | -- |
Gold and GemStone Mining Inc | -- |
United Maritime Corp | 23.80% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 74.98% |
Return on Assets | 56.50% |
Return on Invested Capital | 57.88% |
Operating Margin (Quarterly) | 14.16% |
Return on Net Operating Assets | 142.4% |