WEX Inc (WEX)
180.90
+0.82
(+0.46%)
USD |
NYSE |
Nov 14, 16:00
180.96
+0.06
(+0.03%)
After-Hours: 20:00
WEX Gross Profit Margin (Quarterly): 62.54% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 62.54% |
| June 30, 2024 | 60.85% |
| March 31, 2024 | 59.06% |
| December 31, 2023 | 61.42% |
| September 30, 2023 | 63.91% |
| June 30, 2023 | 62.18% |
| March 31, 2023 | 59.59% |
| December 31, 2022 | 59.30% |
| September 30, 2022 | 59.08% |
| June 30, 2022 | 62.50% |
| March 31, 2022 | 60.93% |
| December 31, 2021 | 61.25% |
| September 30, 2021 | 62.73% |
| June 30, 2021 | 62.64% |
| March 31, 2021 | 61.59% |
| December 31, 2020 | 57.75% |
| September 30, 2020 | 58.95% |
| June 30, 2020 | 53.35% |
| March 31, 2020 | 56.95% |
| December 31, 2019 | 59.08% |
| September 30, 2019 | 63.98% |
| June 30, 2019 | 63.61% |
| March 31, 2019 | 59.87% |
| December 31, 2018 | 63.91% |
| September 30, 2018 | 62.02% |
| Date | Value |
|---|---|
| June 30, 2018 | 63.57% |
| March 31, 2018 | 63.68% |
| December 31, 2017 | 59.14% |
| September 30, 2017 | 58.39% |
| June 30, 2017 | 57.72% |
| March 31, 2017 | 60.03% |
| December 31, 2016 | 69.05% |
| September 30, 2016 | 50.28% |
| June 30, 2016 | 48.19% |
| March 31, 2016 | 48.34% |
| December 31, 2015 | 49.20% |
| September 30, 2015 | 54.47% |
| June 30, 2015 | 53.64% |
| March 31, 2015 | 52.99% |
| December 31, 2014 | 54.95% |
| September 30, 2014 | 54.82% |
| June 30, 2014 | 59.36% |
| March 31, 2014 | 55.22% |
| December 31, 2013 | 61.42% |
| September 30, 2013 | 59.34% |
| June 30, 2013 | 58.28% |
| March 31, 2013 | 57.76% |
| December 31, 2012 | 57.41% |
| September 30, 2012 | 59.35% |
| June 30, 2012 | 60.29% |
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
53.35%
Minimum
Jun 2020
63.91%
Maximum
Sep 2023
60.28%
Average
60.89%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Palo Alto Networks Inc | 73.80% |
| ePlus Inc | 24.70% |
| Upland Software Inc | 70.45% |
| Altair Engineering Inc | 80.18% |
| Red Violet Inc | 82.61% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 18.88% |
| Return on Assets | 2.35% |
| Return on Invested Capital | 5.66% |
| Profit Margin (Quarterly) | 15.46% |
| Operating Margin (Quarterly) | 29.50% |
| Return on Net Operating Assets | 3.89% |