Veralto Corp (VLTO)
94.32
-0.06
(-0.06%)
USD |
NYSE |
May 02, 13:00
Veralto Gross Profit Margin (Quarterly): 59.95% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 59.95% |
December 31, 2023 | 57.92% |
September 30, 2023 | 57.61% |
June 30, 2023 | 57.92% |
Date | Value |
---|---|
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
59.95%
Maximum
Mar 2024
57.87%
Average
57.80%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 44.67% |
Return on Assets | 13.52% |
Return on Invested Capital | 19.03% |
Profit Margin (Quarterly) | 14.77% |
Operating Margin (Quarterly) | 23.52% |
Return on Net Operating Assets | 16.94% |