MP Materials Corp (MP)
18.02
-0.06
(-0.33%)
USD |
NYSE |
May 20, 16:00
18.01
-0.01
(-0.06%)
After-Hours: 18:10
MP Materials Gross Profit Margin (Quarterly): -10.88% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | -10.88% |
December 31, 2023 | -2.44% |
September 30, 2023 | 25.80% |
June 30, 2023 | 45.48% |
March 31, 2023 | 66.21% |
December 31, 2022 | 67.69% |
September 30, 2022 | 80.30% |
June 30, 2022 | 80.85% |
March 31, 2022 | 82.90% |
Date | Value |
---|---|
December 31, 2021 | 76.72% |
September 30, 2021 | 71.07% |
June 30, 2021 | 66.33% |
March 31, 2021 | 59.84% |
December 31, 2020 | 54.88% |
September 30, 2020 | 54.51% |
June 30, 2020 | 38.75% |
March 31, 2020 | 30.38% |
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
-10.88%
Minimum
Mar 2024
82.90%
Maximum
Mar 2022
52.26%
Average
59.84%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 0.25% |
Return on Assets | 0.14% |
Return on Invested Capital | 0.16% |
Profit Margin (Quarterly) | 33.87% |
Operating Margin (Quarterly) | -63.97% |
Return on Net Operating Assets | 0.27% |