TREES Corp (Colorado) (CANN) Gross Margin (2016 - 2024)
TREES Corp (Colorado) (CANN) has disclosed Gross Margin for 13 consecutive years, with 40.87% as the latest value for Q3 2024.
- Quarterly Gross Margin rose 27.0% to 40.87% in Q3 2024 from the year-ago period, while the trailing twelve-month figure was 40.23% through Sep 2024, up 465.0% year-over-year, with the annual reading at 36.24% for FY2023, 4.0% up from the prior year.
- Gross Margin hit 40.87% in Q3 2024 for TREES Corp (Colorado), down from 54.26% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 62.93% in Q3 2020 to a low of 11.55% in Q3 2021.
- Historically, Gross Margin has averaged 34.68% across 5 years, with a median of 36.63% in 2023.
- Biggest five-year swings in Gross Margin: plummeted -5137bps in 2021 and later soared 2557bps in 2022.
- Year by year, Gross Margin stood at 19.05% in 2020, then surged by 81bps to 34.48% in 2021, then plummeted by -38bps to 21.34% in 2022, then rose by 21bps to 25.76% in 2023, then surged by 59bps to 40.87% in 2024.
- Business Quant data shows Gross Margin for CANN at 40.87% in Q3 2024, 54.26% in Q2 2024, and 40.61% in Q1 2024.