Worthington Steel Inc (WS)
33.01
+0.85
(+2.64%)
USD |
NYSE |
May 03, 14:43
Worthington Steel Gross Profit Margin (Quarterly): 14.90% for Feb. 29, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| February 29, 2024 | 14.90% |
| November 30, 2023 | 7.45% |
| August 31, 2023 | 14.28% |
| May 31, 2023 | 17.36% |
| Date | Value |
|---|---|
| February 28, 2023 | 8.10% |
| November 30, 2022 | 3.97% |
| August 31, 2022 | 8.25% |
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
3.97%
Minimum
Nov 2022
17.36%
Maximum
May 2023
10.61%
Average
8.25%
Median
Aug 2022
Gross Profit Margin (Quarterly) Benchmarks
| Hudson Technologies Inc | 31.14% |
| Sensient Technologies Corp | 32.90% |
| Smith-Midland Corp | 22.85% |
| Lightwave Logic Inc | -- |
| Core Molding Technologies Inc | 14.83% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.77% |
| Return on Assets | 9.03% |
| Return on Invested Capital | 13.25% |
| Profit Margin (Quarterly) | 6.08% |
| Operating Margin (Quarterly) | 8.35% |
| Return on Net Operating Assets | 10.76% |