Toro Corp (TORO)
2.72
-0.03
(-1.09%)
USD |
NASDAQ |
Nov 21, 16:00
2.69
-0.03
(-1.10%)
After-Hours: 20:00
Toro Gross Profit Margin (Quarterly): 48.89% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 48.89% |
| June 30, 2024 | 16.08% |
| March 31, 2024 | 32.31% |
| December 31, 2023 | 60.27% |
| September 30, 2023 | 11.67% |
| June 30, 2023 | 61.85% |
| Date | Value |
|---|---|
| March 31, 2023 | 73.06% |
| December 31, 2022 | 69.33% |
| 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
11.02%
Minimum
Mar 2022
73.06%
Maximum
Mar 2023
39.66%
Average
40.60%
Median
Gross Profit Margin (Quarterly) Benchmarks
| SFL Corp Ltd | 38.30% |
| Costamare Inc | 22.80% |
| Siem Industries Inc | -- |
| Gold and GemStone Mining Inc | -- |
| Ardmore Shipping Corp | 38.40% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 21.10% |
| Return on Assets | 16.98% |
| Return on Invested Capital | 17.32% |
| Profit Margin (Quarterly) | 20.81% |
| Operating Margin (Quarterly) | -47.87% |
| Return on Net Operating Assets | 60.26% |