Unusual Machines Inc (UMAC)
1.92
+0.09
(+4.92%)
USD |
NYAM |
Nov 04, 16:00
1.91
-0.01
(-0.52%)
After-Hours: 20:00
Unusual Machines Gross Profit Margin (Quarterly): 27.53% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 27.53% |
| March 31, 2024 | 32.99% |
| Date | Value |
|---|---|
| December 31, 2023 | 17.13% |
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
17.13%
Minimum
Dec 2023
32.99%
Maximum
Mar 2024
25.88%
Average
27.53%
Median
Jun 2024
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Profit Margin (Quarterly) | -114.3% |
| Operating Margin (Quarterly) | -111.4% |