Chemung Financial (CHMG) Gross Margin (2017 - 2023)
Chemung Financial (CHMG) has disclosed Gross Margin for 7 consecutive years, with 79.52% as the latest value for Q1 2023.
- Quarterly Gross Margin changed N/A to 79.52% in Q1 2023 from the year-ago period, while the trailing twelve-month figure was 30.43% through Jun 2023, up 13542.0% year-over-year, with the annual reading at 5.23% for FY2023, 3696.0% up from the prior year.
- Gross Margin for Q1 2023 was 79.52% at Chemung Financial, up from 4.26% in the prior quarter.
- The five-year high for Gross Margin was 139.82% in Q4 2021, with the low at 22.22% in Q2 2020.
- Average Gross Margin over 5 years is 65.91%, with a median of 79.52% recorded in 2023.
- The sharpest move saw Gross Margin skyrocketed 20217bps in 2019, then plummeted -13556bps in 2022.
- Over 5 years, Gross Margin stood at 103.65% in 2019, then tumbled by -30bps to 72.18% in 2020, then skyrocketed by 94bps to 139.82% in 2021, then tumbled by -97bps to 4.26% in 2022, then soared by 1766bps to 79.52% in 2023.
- According to Business Quant data, Gross Margin over the past three periods came in at 79.52%, 4.26%, and 139.82% for Q1 2023, Q4 2022, and Q4 2021 respectively.