Var Energi ASA (VARRY)
6.67
+0.06
(+0.91%)
USD |
OTCM |
May 31, 16:00
Var Energi Gross Profit Margin (Quarterly): 54.62% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 54.62% |
| December 31, 2023 | 57.58% |
| September 30, 2023 | 60.44% |
| June 30, 2023 | 56.96% |
| March 31, 2023 | 71.64% |
| December 31, 2022 | 71.22% |
| September 30, 2022 | 78.16% |
| Date | Value |
|---|---|
| June 30, 2022 | 72.92% |
| March 31, 2022 | 71.53% |
| December 31, 2021 | 67.13% |
| September 30, 2021 | 53.26% |
| June 30, 2021 | 38.70% |
| March 31, 2021 | 34.09% |
| December 31, 2020 | 71.27% |
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
34.09%
Minimum
Mar 2021
78.16%
Maximum
Sep 2022
61.39%
Average
63.78%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Equinor ASA | 43.13% |
| DNO ASA | 41.13% |
| Archer Ltd | 95.72% |
| Aker BP ASA | 71.43% |
| Panoro Energy ASA | 75.55% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 38.79% |
| Return on Assets | 2.71% |
| Return on Invested Capital | 10.76% |
| Profit Margin (Quarterly) | 5.14% |
| Operating Margin (Quarterly) | 49.58% |
| Return on Net Operating Assets | 2.80% |