Mineralrite Gross Margin Growth & History (RITE)
Mineralrite's gross margin was 100.00% for fiscal 2024.
View full Mineralrite company overviewMineralrite annual gross margin history
2013
2024
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 100.00% | — |
| 2013 | 2013-12-31 | 9.80% | — |
Mineralrite quarterly gross margin
Q1.12
Q2.12
Q3.12
Q1.13
Q2.13
Q3.13
Q1.14
Q2.14
Q3.14
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2014 | 2014-09-30 | 48.42% | +41.68 pp |
| Q2 2014 | 2014-06-30 | 17.65% | +13.86 pp |
| Q1 2014 | 2014-03-31 | 45.60% | +22.86 pp |
| Q3 2013 | 2013-09-30 | 6.74% | −25.48 pp |
| Q2 2013 | 2013-06-30 | 3.79% | −7.69 pp |
| Q1 2013 | 2013-03-31 | 22.74% | +6.30 pp |
| Q3 2012 | 2012-09-30 | 32.22% | — |
| Q2 2012 | 2012-06-30 | 11.48% | — |
| Q1 2012 | 2012-03-31 | 16.45% | — |
Mineralrite gross margin trends
Between the periods ended 2013-12-31 and 2024-12-31, Mineralrite's gross margin increased from 9.80% to 100.00%, a change of +90.20 percentage points. The latest reported quarter, Q3 2014, shows 48.42%.
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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