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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: 2016-2023

Historic Gross Margin for Chemung Financial (CHMG) over the last 8 years, with Dec 2023 value amounting to 89.99%.

  • 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 89.99% in FY2023, which was down 0.30% from 90.26% recorded in FY2022.
  • In the past 5 years, Chemung Financial's Gross Margin ranged from a high of 91.72% in FY2019 and a low of 87.64% during FY2020.
  • Over the past 3 years, Chemung Financial's median Gross Margin value was 90.26% (recorded in 2022), while the average stood at 90.30%.
  • Per our database at Business Quant, Chemung Financial's Gross Margin tumbled by 408bps in 2020 and then soared by 299bps in 2021.
  • Over the past 5 years, Chemung Financial's Gross Margin (Yearly) stood at 91.72% in 2019, then crashed by 408bps to 87.64% in 2020, then surged by 299bps to 90.63% in 2021, then tumbled by 37bps to 90.26% in 2022, then fell by 27bps to 89.99% in 2023.