Opendoor Technologies Inc (OPEN)
2.405
-0.03
(-1.23%)
USD |
NASDAQ |
May 17, 16:00
2.40
0.00 (0.00%)
After-Hours: 20:00
Opendoor Technologies Gross Profit Margin (Quarterly): 9.65% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 9.65% |
December 31, 2023 | 8.28% |
September 30, 2023 | 9.80% |
June 30, 2023 | 7.54% |
March 31, 2023 | 5.45% |
December 31, 2022 | 2.49% |
September 30, 2022 | -12.64% |
June 30, 2022 | 11.58% |
March 31, 2022 | 10.39% |
Date | Value |
---|---|
December 31, 2021 | 7.12% |
September 30, 2021 | 8.91% |
June 30, 2021 | 13.41% |
March 31, 2021 | 12.99% |
December 31, 2020 | 15.50% |
September 30, 2020 | 10.58% |
June 30, 2020 | 7.38% |
March 31, 2020 | 7.25% |
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
-12.64%
Minimum
Sep 2022
15.50%
Maximum
Dec 2020
7.98%
Average
8.91%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
Redfin Corp | 31.41% |
American Tower Corp | 72.19% |
eXp World Holdings Inc | 8.30% |
SBA Communications Corp | 79.02% |
VICI Properties Inc | 99.32% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -28.25% |
Return on Assets | -6.99% |
Return on Invested Capital | -7.16% |
Profit Margin (Quarterly) | -9.23% |
Operating Margin (Quarterly) | -7.37% |
Return on Net Operating Assets | -15.13% |