Turo Inc (TURO)
Turo Profit Margin (Quarterly): -5.63% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | -5.63% |
| June 30, 2023 | 0.62% |
| March 31, 2023 | -12.67% |
| December 31, 2022 | -1.29% |
| September 30, 2022 | 36.92% |
| June 30, 2022 | 42.80% |
| Date | Value |
|---|---|
| March 31, 2022 | -4.88% |
| December 31, 2021 | 64.15% |
| September 30, 2021 | 14.51% |
| June 30, 2021 | -71.83% |
| March 31, 2021 | -110.4% |
| December 31, 2020 | -107.8% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-110.4%
Minimum
Mar 2021
64.15%
Maximum
Dec 2021
-12.96%
Average
-3.09%
Median
Profit Margin (Quarterly) Benchmarks
| Avis Budget Group Inc | -4.50% |
| HyreCar Inc | -- |
| EVmo Inc | -81.68% |
| Carefree Group Inc | -- |
| EV Mobility Inc | -- |
Profit Margin (Quarterly) Related Metrics
| Return on Assets | -4.60% |
| Gross Profit Margin (Quarterly) | 42.23% |
| Operating Margin (Quarterly) | -10.00% |
| Return on Net Operating Assets | -23.23% |