Change Agents Corporation Gross Margin Growth & History (CHGA)

Change Agents Corporation's gross margin was 22.69% for fiscal 2022.

View full Change Agents Corporation company overview

Change Agents Corporation annual gross margin history

Change Agents Corporation annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20222022-12-3122.69%−7.11 pp
20212021-12-3129.80%+1.48 pp
20202020-12-3128.32%+6.34 pp
20192019-12-3121.98%−2.85 pp
20182018-12-3124.84%+20.22 pp
20172017-12-314.62%+92.77 pp
20162016-12-31−88.15%

Change Agents Corporation gross margin trends

Over the last five reported fiscal years, Change Agents Corporation's gross margin increased from 4.62% to 22.69%, a change of +18.07 percentage points. The latest reported quarter, Q2 2023, shows 20.04%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Change Agents Corporation filings at SEC.gov ↗