Vitesse Energy Inc (VTS)
24.69
+0.60
(+2.49%)
USD |
NYSE |
May 17, 16:00
24.69
0.00 (0.00%)
After-Hours: 20:00
Vitesse Energy Gross Profit Margin (Quarterly): 32.78% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 32.78% |
| December 31, 2023 | 38.04% |
| September 30, 2023 | 37.97% |
| Date | Value |
|---|---|
| June 30, 2023 | 36.06% |
| March 31, 2023 | 43.40% |
| November 30, 2021 | 68.17% |
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
32.78%
Minimum
Mar 2024
68.17%
Maximum
Nov 2021
42.74%
Average
38.00%
Median
Gross Profit Margin (Quarterly) Benchmarks
| APA Corp | 47.98% |
| SilverBow Resources Inc | 50.40% |
| SM Energy Co | 45.75% |
| SandRidge Energy Inc | 38.77% |
| Amplify Energy Corp | 32.77% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 4.74% |
| Return on Assets | 3.55% |
| Return on Invested Capital | 4.24% |
| Profit Margin (Quarterly) | -3.57% |
| Operating Margin (Quarterly) | 21.37% |
| Return on Net Operating Assets | 3.60% |