Profit Margin (Quarterly) Chart

Historical Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 -6.68%
June 30, 2024 -10.93%
March 31, 2024 -13.67%
December 31, 2023 -18.26%
September 30, 2023 -10.51%
Date Value
June 30, 2023 -11.78%
March 31, 2023 -27.78%
December 31, 2022 -18.28%
September 30, 2022 -24.16%
December 31, 2021 -50.55%

Profit Margin Definition

Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.

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Profit Margin (Quarterly) Range, Past 5 Years

-50.55%
Minimum
Dec 2021
-6.68%
Maximum
Sep 2024
-19.26%
Average
-15.96%
Median

Profit Margin (Quarterly) Benchmarks

NIO Inc -29.38%
Li Auto Inc 6.56%
XPeng Inc -17.90%
Tesla Inc 8.61%
Rivian Automotive Inc -125.9%