EuroDry Gross Margin

Gross Margin of EDRY for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.


Highlights and Quick Summary

  • Gross Margin for the quarter ending June 30, 2023 was 37.32% (a 0.4% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin decreased by -53.07%
  • Annual Gross Margin for 2022 was 75.34% (a -5.97% decrease from previous year)
  • Annual Gross Margin for 2021 was 80.12% (a 71.71% increase from previous year)
  • Annual Gross Margin for 2020 was 46.66% (a -17.18% decrease from previous year)
  • Twelve month Gross Margin ending June 30, 2023 was 57.07% (a -14.14% decrease compared to previous quarter)
  • Twelve month trailing Gross Margin decreased by -29.18% year-over-year
Trailing Gross Margin for the last four month:
30 Jun '23 31 Mar '23 31 Dec '22 30 Sep '22
57.07% 66.47% 75.34% 80.59%
Visit stockrow.com/EDRY for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Gross Margin of EuroDry

Most recent Gross Marginof EDRY including historical data for past 10 years.

Interactive Chart of Gross Margin of EuroDry

EuroDry Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2023 37.32% 37.17%
2022 62.02% 79.53% 75.67% 82.35% 75.34%
2021 84.52% 81.73% 78.4% 67.86% 80.12%
2020 50.02% 59.38% 31.69% 37.24% 46.66%
2019 62.35% 56.5% 52.6% 52.23% 56.34%
2018 59.07% 71.9% 60.95% 47.37% 60.88%
2017 54.49% 43.0% 51.52%
2016 44.27%

Business Profile of EuroDry

Sector: Industrials
Industry: Marine Shipping