Turo Inc (TURO)
Turo Gross Profit Margin (Quarterly): 42.23% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 42.23% |
| June 30, 2023 | 55.94% |
| March 31, 2023 | 47.53% |
| December 31, 2022 | 54.58% |
| September 30, 2022 | 55.76% |
| June 30, 2022 | 54.34% |
| Date | Value |
|---|---|
| March 31, 2022 | 51.34% |
| December 31, 2021 | 55.02% |
| September 30, 2021 | 59.26% |
| June 30, 2021 | 63.64% |
| March 31, 2021 | 44.19% |
| December 31, 2020 | 64.61% |
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
42.23%
Minimum
Mar 2024
64.61%
Maximum
Dec 2020
54.04%
Average
54.80%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Avis Budget Group Inc | 66.72% |
| HyreCar Inc | -- |
| EVmo Inc | 14.45% |
| Carefree Group Inc | -- |
| EV Mobility Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | -4.60% |
| Profit Margin (Quarterly) | -5.63% |
| Operating Margin (Quarterly) | -10.00% |
| Return on Net Operating Assets | -23.23% |