TREES Corp (Colorado) (CANN) Gross Margin (2012 - 2024)
TREES Corp (Colorado)'s Gross Margin came in at 40.87% for Q3 2024, up 0.27 percentage points from 40.59% a year earlier but down 13.39 percentage points from the prior quarter.
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Analysis
TREES Corp (Colorado) (CANN) Gross Margin (2012 - 2024) Analysis & Trends
Over the trailing twelve months to Sep 30, 2024, TREES Corp (Colorado) reported Gross Margin of 40.23%, up 4.65 percentage points year-over-year; for FY2023, it came in at 36.24%, up 0.04 percentage points from FY2022.
- Gross Margin carries a five-year change of -40.73 percentage points (FY2018 to FY2023).
- Going back by year, Gross Margin was 36.20% in FY2022 (+11.10 pp), 25.10% in FY2021 (-16.65 pp), 41.75% in FY2020 (+9.04 pp) and 32.71% in FY2019 (-44.26 pp).
- The five-year range for quarterly Gross Margin is 11.55% (Q3 2021) to 62.93% (Q3 2020).
- Year-over-year, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of +0.39 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2022 (a gain of 25.57 percentage points), and the weakest in Q3 2021 (a drop of 51.37 percentage points).
- Business Quant data shows CANN's Gross Margin at 54.26% (Q2 2024), 40.61% (Q1 2024) and 25.76% (Q4 2023) in the three quarters before Q3 2024.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 40.87% |
| Jun 30, 2024 | 54.26% |
| Mar 31, 2024 | 40.61% |
| Dec 31, 2023 | 25.76% |
| Sep 30, 2023 | 40.59% |
| Jun 30, 2023 | 36.63% |
| Mar 31, 2023 | 40.17% |
| Dec 31, 2022 | 21.34% |
| Sep 30, 2022 | 35.90% |
| Jun 30, 2022 | 46.05% |
| Mar 31, 2022 | 41.93% |
| Dec 31, 2021 | 34.48% |
| Sep 30, 2021 | 11.55% |
| Jun 30, 2021 | 26.79% |
| Mar 31, 2021 | 16.36% |
| Dec 31, 2020 | 19.05% |
| Sep 30, 2020 | 62.93% |
| Jun 30, 2020 | 49.28% |
| Mar 31, 2020 | 14.43% |
| Dec 31, 2019 | 32.85% |
API Access
TREES Corp (Colorado) Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CANN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CANN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CANN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();