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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Chemung Financial (CHMG) Gross Margin (2017 - 2023)

Historic Gross Margin for Chemung Financial (CHMG) over the last 7 years, with Q2 2023 value amounting to 88.17%.

  • Chemung Financial's Gross Margin fell 51400.0% to 88.17% in Q2 2023 from the same period last year, while for Jun 2023 it was 87.32%, marking a year-over-year decrease of 44400.0%. This contributed to the annual value of 89.99% for FY2023, which is 2700.0% down from last year.
  • Chemung Financial's Gross Margin amounted to 88.17% in Q2 2023, which was down 51400.0% from 91.01% recorded in Q1 2023.
  • In the past 5 years, Chemung Financial's Gross Margin registered a high of 97.34% during Q3 2022, and its lowest value of 72.95% during Q4 2022.
  • Moreover, its 5-year median value for Gross Margin was 91.13% (2021), whereas its average is 89.73%.
  • Per our database at Business Quant, Chemung Financial's Gross Margin surged by 53700bps in 2021 and then crashed by -158300bps in 2022.
  • Quarter analysis of 5 years shows Chemung Financial's Gross Margin stood at 90.37% in 2019, then decreased by -6bps to 85.14% in 2020, then increased by 4bps to 88.78% in 2021, then dropped by -18bps to 72.95% in 2022, then increased by 21bps to 88.17% in 2023.
  • Its Gross Margin stands at 88.17% for Q2 2023, versus 91.01% for Q1 2023 and 72.95% for Q4 2022.