Bancorp annual gross margin
2016
2017
2018
2019
Bancorp's gross margin was 99.97% for fiscal 2019.
View full Bancorp company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 99.97% | +0.01 pp |
| 2018 | 2018-12-31 | 99.96% | +0.04 pp |
| 2017 | 2017-12-31 | 99.91% | +0.70 pp |
| 2016 | 2016-12-31 | 99.21% | — |
Between the periods ended 2016-12-31 and 2019-12-31, Bancorp's gross margin increased from 99.21% to 99.97%, a change of +0.76 percentage points.
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.
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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