Array Technologies Inc (ARRY)
12.42
-0.56
(-4.31%)
USD |
NASDAQ |
Jun 14, 16:00
12.43
+0.01
(+0.08%)
After-Hours: 20:00
Array Technologies Gross Profit Margin (Quarterly): 35.91% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 35.91% |
December 31, 2023 | 24.66% |
September 30, 2023 | 24.93% |
June 30, 2023 | 29.55% |
March 31, 2023 | 25.89% |
December 31, 2022 | 19.12% |
September 30, 2022 | 14.87% |
June 30, 2022 | 9.51% |
March 31, 2022 | 8.85% |
December 31, 2021 | -1.94% |
Date | Value |
---|---|
September 30, 2021 | 3.13% |
June 30, 2021 | 10.44% |
March 31, 2021 | 18.60% |
December 31, 2020 | 19.63% |
September 30, 2020 | 19.17% |
June 30, 2020 | 19.32% |
March 31, 2020 | 27.05% |
December 31, 2019 | 26.97% |
September 30, 2019 | 23.73% |
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
-1.94%
Minimum
Dec 2021
35.91%
Maximum
Mar 2024
18.91%
Average
19.32%
Median
Jun 2020
Gross Profit Margin (Quarterly) Benchmarks
First Solar Inc | 43.57% |
Enphase Energy Inc | 43.86% |
NEXTracker Inc | 46.23% |
SunPower Corp | 3.08% |
Micron Technology Inc | 18.53% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 19.17% |
Return on Assets | 6.46% |
Return on Invested Capital | 8.72% |
Profit Margin (Quarterly) | 1.41% |
Operating Margin (Quarterly) | 5.01% |
Return on Net Operating Assets | 8.06% |