Unusual Machines Inc (UMAC)
1.45
+0.10
(+7.41%)
USD |
NYAM |
May 31, 16:00
1.45
0.00 (0.00%)
After-Hours: 20:00
Unusual Machines Gross Profit Margin (Quarterly): 32.99% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 32.99% |
Date | Value |
---|---|
December 31, 2023 | 17.13% |
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
17.13%
Minimum
Dec 2023
32.99%
Maximum
Mar 2024
25.06%
Average
25.06%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
Profit Margin (Quarterly) | -178.7% |
Operating Margin (Quarterly) | -175.5% |