Montauk Renewables Gross Margin Growth & History (MNTK)

Montauk Renewables's gross margin was 25.89% for fiscal 2023.

View full Montauk Renewables company overview

Montauk Renewables annual gross margin history

Montauk Renewables annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3125.89%−4.92 pp
20222022-12-3130.80%+13.64 pp
20212021-12-3117.17%−7.84 pp
20202020-12-3125.01%−4.61 pp
20192019-12-3129.61%

Montauk Renewables gross margin trends

Across the available reported history, Montauk Renewables's gross margin decreased from 30.80% to 25.89%, a change of −4.92 percentage points. The latest reported quarter, Q3 2024, shows 43.84%.

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 Montauk Renewables filings at SEC.gov ↗