17 Education & Technology Group Inc (YQ)
1.90
+0.10
(+5.56%)
USD |
NASDAQ |
Nov 21, 16:00
1.80
-0.10
(-5.26%)
After-Hours: 20:00
17 Education & Technology Group Gross Profit Margin (Quarterly): 15.98% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 15.98% |
| March 31, 2024 | 38.44% |
| December 31, 2023 | 43.45% |
| September 30, 2023 | 54.08% |
| June 30, 2023 | 48.35% |
| March 31, 2023 | 24.40% |
| December 31, 2022 | 52.12% |
| September 30, 2022 | 74.54% |
| June 30, 2022 | 52.23% |
| March 31, 2022 | 60.68% |
| Date | Value |
|---|---|
| December 31, 2021 | 64.76% |
| September 30, 2021 | 49.39% |
| June 30, 2021 | 63.03% |
| March 31, 2021 | 60.44% |
| December 31, 2020 | 64.34% |
| September 30, 2020 | 53.79% |
| June 30, 2020 | 63.89% |
| March 31, 2020 | 64.12% |
| December 31, 2019 | 62.94% |
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
15.98%
Minimum
Jun 2024
74.54%
Maximum
Sep 2022
53.21%
Average
54.08%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -54.08% |
| Return on Assets | -40.19% |
| Return on Invested Capital | -54.08% |
| Profit Margin (Quarterly) | -82.53% |
| Operating Margin (Quarterly) | -89.17% |
| Return on Net Operating Assets | -240.4% |