Community Redevelopment Gross Margin Growth & History (CRDV)

Community Redevelopment's gross margin was 14.39% for fiscal 2023.

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Community Redevelopment annual gross margin history

Community Redevelopment annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3114.39%+7.73 pp
20222022-12-316.66%

Community Redevelopment gross margin trends

Between the periods ended 2022-12-31 and 2023-12-31, Community Redevelopment's gross margin increased from 6.66% to 14.39%, a change of +7.73 percentage points. The latest reported quarter, Q2 2023, shows 100.00%.

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.

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