Worksport Ltd (WKSP)
0.85
+0.06
(+7.15%)
USD |
NASDAQ |
May 02, 14:00
Worksport Gross Profit Margin (Quarterly): 10.97% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 10.97% |
| September 30, 2023 | 19.56% |
| June 30, 2023 | 23.30% |
| March 31, 2023 | 38.11% |
| December 31, 2022 | |
| September 30, 2022 | 31.32% |
| June 30, 2022 | 29.35% |
| March 31, 2022 | 20.52% |
| December 31, 2021 | -333.6% |
| September 30, 2021 | 12.42% |
| June 30, 2021 | 26.26% |
| March 31, 2021 | -687.2% |
| December 31, 2020 | 2.90% |
| September 30, 2020 | 19.19% |
| June 30, 2020 | 10.92% |
| March 31, 2020 | 34.16% |
| December 31, 2019 | |
| September 30, 2019 | 23.16% |
| Date | Value |
|---|---|
| June 30, 2019 | 28.06% |
| March 31, 2019 | 24.35% |
| December 31, 2018 | 56.10% |
| September 30, 2018 | -811.5% |
| June 30, 2018 | 22.48% |
| March 31, 2018 | 7.25% |
| December 31, 2017 | 63.00% |
| September 30, 2017 | 14.86% |
| June 30, 2017 | 8.62% |
| March 31, 2017 | 29.89% |
| December 31, 2016 | -25.91% |
| September 30, 2016 | 19.78% |
| June 30, 2016 | 40.58% |
| March 31, 2016 | 6.73% |
| December 31, 2015 | 19.82% |
| September 30, 2015 | 14.03% |
| June 30, 2015 | 18.94% |
| March 31, 2015 | 20.33% |
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
-687.2%
Minimum
Mar 2021
38.11%
Maximum
Mar 2023
-40.62%
Average
20.52%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| Tesla Inc | 17.35% |
| Miller Industries Inc | 13.04% |
| Ford Motor Co | 8.42% |
| Luminar Technologies Inc | -97.54% |
| SES AI Corp | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -74.88% |
| Return on Assets | -53.16% |
| Return on Invested Capital | -59.13% |
| Profit Margin (Quarterly) | -435.9% |
| Operating Margin (Quarterly) | -422.8% |
| Return on Net Operating Assets | -72.69% |