Community Redevelopment Gross Margin Growth & History (CRDV)
Community Redevelopment's gross margin was 14.39% for fiscal 2023.
View full Community Redevelopment company overviewCommunity Redevelopment annual gross margin history
2022
2023
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 14.39% | +7.73 pp |
| 2022 | 2022-12-31 | 6.66% | — |
Community Redevelopment quarterly gross margin
Q3.22
Q4.22
Q1.23
Q2.23
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2023 | 2023-06-30 | 100.00% | — |
| Q1 2023 · Mar 31 | 2023-03-31 | 14.39% | — |
| Q4 2022 | 2022-12-31 | 6.07% | — |
| Q3 2022 | 2022-09-30 | 11.23% | — |
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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