Veren Inc (VRN.TO)
10.37
+0.15
(+1.47%)
CAD |
TSX |
Jun 18, 09:38
Veren Gross Profit Margin (Quarterly): 57.07% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 57.07% |
| December 31, 2023 | 61.26% |
| September 30, 2023 | 64.48% |
| June 30, 2023 | 57.95% |
| March 31, 2023 | 62.54% |
| December 31, 2022 | 63.49% |
| September 30, 2022 | 64.55% |
| June 30, 2022 | 66.82% |
| March 31, 2022 | 64.79% |
| December 31, 2021 | 62.32% |
| September 30, 2021 | 60.40% |
| June 30, 2021 | 63.44% |
| March 31, 2021 | 62.19% |
| December 31, 2020 | 54.93% |
| September 30, 2020 | 52.85% |
| June 30, 2020 | 24.89% |
| March 31, 2020 | -596.1% |
| December 31, 2019 | -119.3% |
| September 30, 2019 | 12.24% |
| June 30, 2019 | 49.83% |
| March 31, 2019 | 48.61% |
| December 31, 2018 | -428.8% |
| September 30, 2018 | 45.06% |
| June 30, 2018 | 48.56% |
| March 31, 2018 | 43.31% |
| Date | Value |
|---|---|
| December 31, 2017 | 56.04% |
| September 30, 2017 | -6.34% |
| June 30, 2017 | 36.78% |
| March 31, 2017 | 38.93% |
| December 31, 2016 | -45.13% |
| September 30, 2016 | 23.69% |
| June 30, 2016 | 23.01% |
| March 31, 2016 | 0.20% |
| December 31, 2015 | -103.1% |
| September 30, 2015 | -57.65% |
| June 30, 2015 | 31.51% |
| March 31, 2015 | 16.85% |
| December 31, 2014 | -24.91% |
| September 30, 2014 | 41.63% |
| June 30, 2014 | 46.68% |
| March 31, 2014 | 46.06% |
| December 31, 2013 | 31.20% |
| September 30, 2013 | 42.13% |
| June 30, 2013 | 40.14% |
| March 31, 2013 | 36.29% |
| December 31, 2012 | 9.27% |
| September 30, 2012 | 32.35% |
| June 30, 2012 | 37.97% |
| March 31, 2012 | 38.76% |
| December 31, 2011 | -25.87% |
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
-596.1%
Minimum
Mar 2020
66.82%
Maximum
Jun 2022
14.53%
Average
60.83%
Median
Gross Profit Margin (Quarterly) Benchmarks
| ARC Resources Ltd | 38.45% |
| Obsidian Energy Ltd | 56.11% |
| NuVista Energy Ltd | 66.94% |
| Baytex Energy Corp | 16.60% |
| Advantage Energy Ltd | 64.03% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.90% |
| Return on Assets | -0.52% |
| Return on Invested Capital | -0.62% |
| Profit Margin (Quarterly) | -36.23% |
| Operating Margin (Quarterly) | 23.59% |
| Return on Net Operating Assets | -0.55% |