VNET Group Inc (VNET)
4.34
+0.58
(+15.43%)
USD |
NASDAQ |
Nov 21, 16:00
4.33
-0.01
(-0.23%)
After-Hours: 20:00
VNET Group Gross Profit Margin (Quarterly): 21.31% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 21.31% |
| March 31, 2024 | 21.64% |
| December 31, 2023 | 15.32% |
| September 30, 2023 | 16.24% |
| June 30, 2023 | 18.81% |
| March 31, 2023 | 19.51% |
| December 31, 2022 | 17.46% |
| September 30, 2022 | 17.45% |
| June 30, 2022 | 20.74% |
| March 31, 2022 | 21.61% |
| December 31, 2021 | 21.77% |
| September 30, 2021 | 24.05% |
| June 30, 2021 | 24.02% |
| March 31, 2021 | 23.31% |
| December 31, 2020 | 21.84% |
| September 30, 2020 | 22.09% |
| June 30, 2020 | 23.80% |
| March 31, 2020 | 21.46% |
| December 31, 2019 | 23.65% |
| September 30, 2019 | 22.69% |
| June 30, 2019 | 25.70% |
| March 31, 2019 | 27.62% |
| December 31, 2018 | 27.31% |
| September 30, 2018 | 27.72% |
| June 30, 2018 | 27.70% |
| Date | Value |
|---|---|
| March 31, 2018 | 28.46% |
| December 31, 2017 | 26.14% |
| September 30, 2017 | 21.42% |
| June 30, 2017 | 21.39% |
| March 31, 2017 | 20.93% |
| December 31, 2016 | 20.36% |
| September 30, 2016 | 19.31% |
| June 30, 2016 | 18.98% |
| March 31, 2016 | 19.60% |
| December 31, 2015 | 22.29% |
| September 30, 2015 | 21.67% |
| June 30, 2015 | 23.53% |
| March 31, 2015 | 26.78% |
| December 31, 2014 | 27.88% |
| September 30, 2014 | 29.65% |
| June 30, 2014 | 27.45% |
| March 31, 2014 | 27.41% |
| December 31, 2013 | 26.42% |
| September 30, 2013 | 25.96% |
| June 30, 2013 | 26.14% |
| March 31, 2013 | 26.64% |
| December 31, 2012 | 27.22% |
| September 30, 2012 | 27.87% |
| June 30, 2012 | 28.36% |
| March 31, 2012 | 28.39% |
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
15.32%
Minimum
Dec 2023
24.05%
Maximum
Sep 2021
20.85%
Average
21.61%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| Infosys Ltd | 30.53% |
| Daqo New Energy Corp | -30.53% |
| Aurora Mobile Ltd | 67.31% |
| JinkoSolar Holding Co Ltd | 15.73% |
| Xunlei Ltd | 50.68% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -39.33% |
| Return on Assets | -8.95% |
| Return on Invested Capital | -15.18% |
| Profit Margin (Quarterly) | 3.19% |
| Operating Margin (Quarterly) | 9.76% |
| Return on Net Operating Assets | -11.61% |