2U Inc (TWOU)
0.3123
-0.03
(-9.48%)
USD |
NASDAQ |
Apr 15, 16:00
0.3123
0.00 (0.00%)
After-Hours: 07:30
2U Gross Profit Margin (Quarterly): 77.57% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 77.57% |
| September 30, 2023 | 72.30% |
| June 30, 2023 | 69.52% |
| March 31, 2023 | 71.09% |
| December 31, 2022 | 71.21% |
| September 30, 2022 | 70.86% |
| June 30, 2022 | 71.34% |
| March 31, 2022 | 71.24% |
| December 31, 2021 | 71.84% |
| September 30, 2021 | 72.13% |
| June 30, 2021 | 70.64% |
| March 31, 2021 | 71.47% |
| December 31, 2020 | 70.47% |
| September 30, 2020 | 68.82% |
| June 30, 2020 | 69.05% |
| March 31, 2020 | 70.93% |
| December 31, 2019 | 69.79% |
| September 30, 2019 | 68.34% |
| June 30, 2019 | 72.46% |
| March 31, 2019 | 78.01% |
| December 31, 2018 | 78.53% |
| September 30, 2018 | 78.56% |
| Date | Value |
|---|---|
| June 30, 2018 | 76.08% |
| March 31, 2018 | 78.83% |
| December 31, 2017 | 78.93% |
| September 30, 2017 | 79.03% |
| June 30, 2017 | 79.29% |
| March 31, 2017 | 83.15% |
| December 31, 2016 | 81.07% |
| September 30, 2016 | 80.08% |
| June 30, 2016 | 79.11% |
| March 31, 2016 | 79.95% |
| December 31, 2015 | 79.77% |
| September 30, 2015 | 78.85% |
| June 30, 2015 | 77.57% |
| March 31, 2015 | 78.19% |
| December 31, 2014 | 77.20% |
| September 30, 2014 | 76.77% |
| June 30, 2014 | 71.71% |
| March 31, 2014 | 76.27% |
| December 31, 2013 | 75.00% |
| September 30, 2013 | 71.50% |
| June 30, 2013 | 69.74% |
| March 31, 2013 | 73.77% |
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
68.34%
Minimum
Sep 2019
77.57%
Maximum
Dec 2023
71.11%
Average
71.09%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| Laureate Education Inc | 31.75% |
| Franklin Covey Co | 76.38% |
| Lincoln Educational Services Corp | 59.99% |
| Chegg Inc | 75.63% |
| EpicQuest Education Group International Ltd | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -91.78% |
| Return on Assets | -19.67% |
| Return on Invested Capital | -25.92% |
| Profit Margin (Quarterly) | -16.60% |
| Operating Margin (Quarterly) | 21.09% |
| Return on Net Operating Assets | -22.86% |