Elite Express Holding annual gross margin
2023
2024
2025
Elite Express Holding Gross Margin Growth & History (ETS)
Elite Express Holding's gross margin was 0.68% for fiscal 2025.
View full Elite Express Holding company overviewElite Express Holding annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-11-30 | 0.68% | — |
| 2024 | 2024-10-25 | 3.05% | — |
| 2023 | 2023-11-30 | 7.06% | — |
Elite Express Holding quarterly gross margin
Q3.25
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-05-31 | 11.15% | +8.29 pp |
| Q1 2026 | 2026-02-28 | 19.54% | +24.22 pp |
| Q4 2025 | 2025-11-30 | 3.64% | — |
| Q3 2025 · Aug 31 | 2025-08-31 | 1.08% | +6.12 pp |
| Q2 2025 | 2025-05-31 | 2.86% | — |
| Q1 2025 | 2025-02-28 | −4.68% | — |
| Q3 2025 · Aug 31 | 2024-08-31 | −5.05% | — |
Elite Express Holding gross margin trends
Between the periods ended 2023-11-30 and 2025-11-30, Elite Express Holding's gross margin decreased from 7.06% to 0.68%, a change of −6.38 percentage points. The latest reported quarter, Q2 2026, shows 11.15%.
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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