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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalMarket CapitalizationNet 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 6 years, with Jun 2023 value amounting to 88.17%.

  • Chemung Financial's Gross Margin fell 514.00% 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 444.00%. This contributed to the annual value of 89.99% for FY2023, which is 27.00% down from last year.
  • Chemung Financial's Gross Margin amounted to 88.17% in Q2 2023, which was down 3.12% 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.
  • In the last 3 years, Chemung Financial's Gross Margin had a median value of 91.13% in 2021 and averaged 89.76%.
  • As far as peak fluctuations go, Chemung Financial's Gross Margin surged by 537bps in 2021, and later plummeted by 1,583bps in 2022.
  • Over the past 5 years, Chemung Financial's Gross Margin (Quarterly) stood at 90.37% in 2019, then plummeted by 523bps to 85.14% in 2020, then soared by 364bps to 88.78% in 2021, then tumbled by 1,583bps to 72.95% in 2022, then slumped by 514bps to 88.17% in 2023.
  • Its Gross Margin was 88.17% in Q2 2023, compared to 91.01% in Q1 2023 and 72.95% in Q4 2022.