Golden Growers Cooperative (GGROU) Gross Margin (2010 - 2023)
Golden Growers Cooperative (GGROU) reported Gross Margin of 1.25% for Q4 2023, down 127.0% year-over-year from 4.63% in Q4 2022, and down 1185.16% quarter-over-quarter from 0.1% in Q3 2023.
Golden Growers Cooperative (GGROU) Gross Margin (2010 - 2023) Analysis & Trends
Golden Growers Cooperative (GGROU) has 14 years of Gross Margin data on file, last reported at 1.25% in Q4 2023.
- Gross Margin for Q4 2023 came in at 1.25%, down 127.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.29% (down 26.0% YoY), and the FY2025 annual result was 0.02%, up 3.0% from the prior year.
- Gross Margin declined to 1.25% in Q4 2023 per GGROU's latest filing, from 0.1% in the prior quarter.
- Over five years, Gross Margin peaked at 0.04% in Q4 2019 and troughed at 1.25% in Q4 2023.
- A 5-year average of 0.13% and a median of 0.07% in 2021 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2023: Gross Margin soared 33 bps in 2021, then tumbled 127 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 0.04% in 2019, then sank by 67 bps to 0.01% in 2020, then surged by 43 bps to 0.02% in 2021, then rose by 23 bps to 0.02% in 2022, then slumped by 5247 bps to 1.25% in 2023.
- Business Quant data shows GGROU's Gross Margin at 1.25% in Q4 2023, 0.1% in Q3 2023, and 0.11% in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 36.33 Bn | 35.72 Bn | 1.22 Bn | 5.96% |
| 2 | Bunge Global | 21.79 Bn | 22.33 Bn | 766.00 Mn | 3.50% |
| 3 | Tyson Foods | 3.86 Bn | 3.46 Bn | 962.00 Mn | 7.05% |
| 4 | Cal-Maine Foods | 3.68 Bn | 3.29 Bn | 119.28 Mn | 17.88% |
| 5 | Adecoagro | 2.04 Bn | 1.74 Bn | 97.80 Mn | 24.53% |
| 6 | Dole | 1.33 Bn | 1.17 Bn | 184.99 Mn | 7.90% |
| 7 | Fresh Del Monte Produce | 1.30 Bn | 1.25 Bn | 89.00 Mn | 8.52% |
| 8 | Vital Farms | 463.27 Mn | 426.30 Mn | 53.01 Mn | 28.32% |
| 9 | Alico | 310.30 Mn | 262.17 Mn | -4.59 Mn | -85.92% |
| 10 | Golden Growers Cooperative | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -1.25% |
| Sep 30, 2023 | -0.10% |
| Jun 30, 2023 | -0.11% |
| Mar 31, 2023 | -0.04% |
| Dec 31, 2022 | 0.02% |
| Sep 30, 2022 | -0.07% |
| Jun 30, 2022 | -0.05% |
| Mar 31, 2022 | -0.05% |
| Dec 31, 2021 | 0.02% |
| Sep 30, 2021 | -0.07% |
| Jun 30, 2021 | -0.06% |
| Mar 31, 2021 | -0.06% |
| Dec 31, 2020 | 0.01% |
| Sep 30, 2020 | -0.16% |
| Jun 30, 2020 | -0.13% |
| Mar 31, 2020 | -0.39% |
| Dec 31, 2019 | 0.04% |
| Sep 30, 2019 | -0.13% |
| Jun 30, 2019 | -0.10% |
| Mar 31, 2019 | -0.01% |