Shoals Technologies Group Inc (SHLS)
7.87
-0.30
(-3.67%)
USD |
NASDAQ |
May 31, 16:00
7.87
0.00 (0.00%)
After-Hours: 20:00
Shoals Technologies Group Gross Profit Margin (Quarterly): 40.15% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 40.15% |
December 31, 2023 | 42.46% |
September 30, 2023 | 10.54% |
June 30, 2023 | 42.38% |
March 31, 2023 | 45.92% |
December 31, 2022 | 42.66% |
September 30, 2022 | 39.69% |
June 30, 2022 | 38.91% |
March 31, 2022 | 38.68% |
Date | Value |
---|---|
December 31, 2021 | 33.14% |
September 30, 2021 | 36.38% |
June 30, 2021 | 43.83% |
March 31, 2021 | 41.17% |
December 31, 2020 | 38.30% |
September 30, 2020 | 39.33% |
June 30, 2020 | 38.75% |
March 31, 2020 | 34.82% |
December 31, 2019 | 32.93% |
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
10.54%
Minimum
Sep 2023
45.92%
Maximum
Mar 2023
37.78%
Average
39.12%
Median
Gross Profit Margin (Quarterly) Benchmarks
First Solar Inc | 43.57% |
Enphase Energy Inc | 43.86% |
Array Technologies Inc | 35.91% |
NVIDIA Corp | 78.35% |
SunPower Corp | 3.08% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 5.73% |
Return on Assets | 3.68% |
Return on Invested Capital | 4.18% |
Profit Margin (Quarterly) | 5.26% |
Operating Margin (Quarterly) | 12.76% |
Return on Net Operating Assets | 9.20% |