Change Agents Corporation (CHGA) Gross Margin (2016 - 2022)
Change Agents Corporation (CHGA) posted Gross Margin of 31.70% for Q4 2022, up 2.42 percentage points from 29.28% a year earlier and up 29.57 percentage points from the prior quarter.
Change Agents Corporation (CHGA) Gross Margin (2016 - 2022) Analysis & Trends
For FY2022, Change Agents Corporation's Gross Margin came in at 7.63%, down 22.17 percentage points from FY2021.
- Annual Gross Margin shows a five-year change of +3.01 percentage points (FY2017 to FY2022).
- In prior years, Change Agents Corporation's Gross Margin was 29.80% in FY2021 (+1.48 pp), 28.32% in FY2020 (+6.34 pp), 21.98% in FY2019 (-2.85 pp) and 24.84% in FY2018 (+20.22 pp).
- The Q4 2022 figure stands as the highest quarterly Gross Margin since Q3 2021.
- On a year-over-year basis, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of -2.87 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2018, with a gain of 119.99 percentage points; the weakest was Q4 2019, with a drop of 78.58 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 2.13% (Q3 2022), 27.21% (Q2 2022) and 26.60% (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.65 Bn | 23.31 Bn | 860.34 Mn | 48.73% |
| 2 | Somnigroup International | 13.10 Bn | 12.65 Bn | 817.20 Mn | 44.81% |
| 3 | Hni | 3.38 Bn | 2.95 Bn | 647.20 Mn | 43.96% |
| 4 | Newell Brands | 2.32 Bn | 1.47 Bn | 812.00 Mn | 40.72% |
| 5 | Sonos | 2.13 Bn | 1.02 Bn | 189.31 Mn | 50.45% |
| 6 | Whirlpool | 2.04 Bn | -1.44 Bn | 442.00 Mn | 12.57% |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | 33.18% |
| 8 | Millerknoll | 1.38 Bn | 756.09 Mn | 395.60 Mn | 39.39% |
| 9 | Arhaus | 1.36 Bn | 443.23 Mn | 172.07 Mn | 44.71% |
| 10 | Change Agents Corporation | 5.94 Mn | 4.68 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 31.70% |
| Sep 30, 2022 | 2.13% |
| Jun 30, 2022 | 27.21% |
| Mar 31, 2022 | 26.60% |
| Dec 31, 2021 | 29.28% |
| Sep 30, 2021 | 34.66% |
| Jun 30, 2021 | 26.79% |
| Mar 31, 2021 | 25.15% |
| Dec 31, 2020 | 28.62% |
| Sep 30, 2020 | 58.21% |
| Jun 30, 2020 | 9.46% |
| Mar 31, 2020 | 14.30% |
| Dec 31, 2019 | 41.07% |
| Sep 30, 2019 | 13.89% |
| Jun 30, 2019 | 19.99% |
| Mar 31, 2019 | 3.52% |
| Dec 31, 2018 | 119.64% |
| Sep 30, 2018 | -1.74% |
| Jun 30, 2018 | -3.48% |
| Dec 31, 2017 | -0.35% |
Change Agents Corporation 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=CHGA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CHGA", "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=CHGA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();