Golden Growers Cooperative (GGROU) Gross Margin (2010 - 2023)
Golden Growers Cooperative (GGROU) posted quarterly Gross Margin of 1.25% for Q4 2023, down 127.0% YoY from 4.63% in Q4 2022, and down 1185.16% sequentially from 0.1% in Q3 2023.
Golden Growers Cooperative (GGROU) Gross Margin (2010 - 2023) Analysis & Trends
Golden Growers Cooperative has disclosed Gross Margin across 14 years of filings, most recently posting 1.25% for Q4 2023.
- In Q4 2023, Gross Margin fell 127.0% year-over-year to 1.25%; the TTM figure through Dec 2023 stood at 0.29% (down 26.0% YoY), while the FY2025 annual figure was 0.02%, up 3.0% from the prior year.
- Gross Margin retreated to 1.25% in Q4 2023, from 0.1% in the prior quarter.
- Over the last five years, Gross Margin for GGROU reached as high as 0.04% in Q4 2019 and fell as low as 1.25% in Q4 2023.
- The 5-year median for Gross Margin is 0.07% (2021), against an average of 0.13%.
- Annual changes were most pronounced in 2021 — Gross Margin soared 33 bps — and 2023, when it sank 127 bps.
- A 5-year view of Gross Margin shows it stood at 0.04% in 2019, then tumbled 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 plunged by 5247 bps to 1.25% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 1.25%, 0.1%, and 0.11% for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
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 | -0.09% |
| Dec 31, 2019 | 0.04% |
| Sep 30, 2019 | -0.13% |
| Jun 30, 2019 | -0.10% |
| Mar 31, 2019 | -0.01% |