Wrap Technologies Inc (WRAP)
1.64
+0.07
(+4.46%)
USD |
NASDAQ |
May 17, 11:29
Wrap Technologies Gross Profit Margin (Quarterly): 59.96% for Sept. 30, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2023 | 59.96% |
| June 30, 2023 | 55.57% |
| March 31, 2023 | 49.51% |
| December 31, 2022 | 47.42% |
| September 30, 2022 | 53.56% |
| June 30, 2022 | 39.23% |
| March 31, 2022 | 41.71% |
| December 31, 2021 | 30.13% |
| September 30, 2021 | 39.39% |
| June 30, 2021 | -3.10% |
| March 31, 2021 | 39.23% |
| Date | Value |
|---|---|
| December 31, 2020 | 33.43% |
| September 30, 2020 | 31.68% |
| June 30, 2020 | 32.17% |
| March 31, 2020 | 41.16% |
| December 31, 2019 | 34.08% |
| September 30, 2019 | 41.29% |
| June 30, 2019 | 39.95% |
| March 31, 2019 | 48.04% |
| December 31, 2018 | 20.02% |
| September 30, 2018 | 14.97% |
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
-3.10%
Minimum
Jun 2021
59.96%
Maximum
Sep 2023
39.24%
Average
39.67%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Semtech Corp | -0.20% |
| Emeren Group Ltd | 7.60% |
| Vuzix Corp | -2.66% |
| Energous Corp | 90.12% |
| WidePoint Corp | 14.27% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -64.57% |
| Return on Assets | -50.22% |
| Return on Invested Capital | -63.49% |
| Profit Margin (Quarterly) | -76.65% |
| Operating Margin (Quarterly) | -75.74% |
| Return on Net Operating Assets | -135.6% |