Turning Point Brands Inc (TPB)
28.00
-0.06
(-0.21%)
USD |
NYSE |
Apr 24, 13:48
Turning Point Brands Gross Profit Margin (Quarterly): 52.02% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 52.02% |
| September 30, 2023 | 50.75% |
| June 30, 2023 | 49.70% |
| March 31, 2023 | 48.16% |
| December 31, 2022 | 47.94% |
| September 30, 2022 | 48.90% |
| June 30, 2022 | 50.01% |
| March 31, 2022 | 51.34% |
| December 31, 2021 | 47.81% |
| September 30, 2021 | 49.38% |
| June 30, 2021 | 48.90% |
| March 31, 2021 | 49.48% |
| December 31, 2020 | 49.69% |
| September 30, 2020 | 46.37% |
| June 30, 2020 | 45.67% |
| March 31, 2020 | 45.68% |
| December 31, 2019 | 15.77% |
| September 30, 2019 | 44.23% |
| June 30, 2019 | 44.12% |
| Date | Value |
|---|---|
| March 31, 2019 | 44.16% |
| December 31, 2018 | 41.09% |
| September 30, 2018 | 43.44% |
| June 30, 2018 | 44.14% |
| March 31, 2018 | 43.02% |
| December 31, 2017 | 43.86% |
| September 30, 2017 | 44.95% |
| June 30, 2017 | 44.41% |
| March 31, 2017 | 41.43% |
| December 31, 2016 | 49.06% |
| September 30, 2016 | 48.31% |
| June 30, 2016 | 48.22% |
| March 31, 2016 | 49.43% |
| December 31, 2015 | 50.64% |
| September 30, 2015 | 49.31% |
| June 30, 2015 | 47.11% |
| March 31, 2015 | 48.26% |
| December 31, 2014 | 48.57% |
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
15.77%
Minimum
Dec 2019
52.02%
Maximum
Dec 2023
46.63%
Average
48.90%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| Philip Morris International Inc | 61.73% |
| Altria Group Inc | 69.65% |
| Vector Group Ltd | 33.84% |
| Kaival Brands Innovations Group Inc | 37.31% |
| Hempacco Co Inc | -33.03% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 29.37% |
| Return on Assets | 6.83% |
| Return on Invested Capital | 7.50% |
| Profit Margin (Quarterly) | 10.41% |
| Operating Margin (Quarterly) | 24.66% |
| Return on Net Operating Assets | 7.72% |