Mineralrite Gross Margin Growth & History (RITE)

Mineralrite's gross margin was 100.00% for fiscal 2024.

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Mineralrite annual gross margin history

Mineralrite annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-31100.00%
20132013-12-319.80%

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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