Veralto Corp (VLTO)
107.20
+1.19
(+1.12%)
USD |
NYSE |
Nov 22, 13:20
Veralto Gross Profit Margin (Quarterly): 59.59% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 59.59% |
| June 30, 2024 | 60.09% |
| March 31, 2024 | 59.95% |
| December 31, 2023 | 57.92% |
| September 30, 2023 | 57.61% |
| Date | Value |
|---|---|
| June 30, 2023 | 57.78% |
| March 31, 2023 | 57.80% |
| December 31, 2022 | 56.97% |
| September 30, 2022 | 56.93% |
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
56.93%
Minimum
Sep 2022
60.09%
Maximum
Jun 2024
58.29%
Average
57.80%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 53.36% |
| Return on Assets | 14.03% |
| Return on Invested Capital | 19.51% |
| Profit Margin (Quarterly) | 16.67% |
| Operating Margin (Quarterly) | 23.44% |
| Return on Net Operating Assets | 18.68% |