Golden Growers Cooperative (GGROU) Net Margin (2010 - 2023)
Golden Growers Cooperative (GGROU) posted quarterly Net Margin of 7.99% for Q4 2023, up 84.0% YoY from 4.34% in Q4 2022, and up 26.19% sequentially from 6.33% in Q3 2023.
Golden Growers Cooperative (GGROU) Net Margin (2010 - 2023) Analysis & Trends
Golden Growers Cooperative has disclosed Net Margin across 14 years of filings, most recently posting 7.99% for Q4 2023.
- In Q4 2023, Net Margin rose 84.0% year-over-year to 7.99%; the TTM figure through Dec 2023 stood at 6.06% (down 16.0% YoY), while the FY2025 annual figure was 9.73%, down 2.0% from the prior year.
- Net Margin advanced to 7.99% in Q4 2023, from 6.33% in the prior quarter.
- Over the last five years, Net Margin for GGROU reached as high as 14.92% in Q2 2019 and fell as low as 3.37% in Q2 2022.
- The 5-year median for Net Margin is 8.78% (2021), against an average of 9.21%.
- Annual changes were most pronounced in 2020 — Net Margin sank 597 bps — and 2023, when it soared 294 bps.
- A 5-year view of Net Margin shows it stood at 13.74% in 2019, then plunged by 33 bps to 9.2% in 2020, then advanced by 19 bps to 10.97% in 2021, then plunged by 35 bps to 7.15% in 2022, then advanced by 12 bps to 7.99% in 2023.
- According to Business Quant data, Net Margin over the past three periods registered 7.99%, 6.33%, and 6.31% for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 7.99% |
| Sep 30, 2023 | 6.33% |
| Jun 30, 2023 | 6.31% |
| Mar 31, 2023 | 4.71% |
| Dec 31, 2022 | 7.15% |
| Sep 30, 2022 | 5.74% |
| Jun 30, 2022 | 3.37% |
| Mar 31, 2022 | 8.60% |
| Dec 31, 2021 | 10.97% |
| Sep 30, 2021 | 8.62% |
| Jun 30, 2021 | 8.95% |
| Mar 31, 2021 | 7.55% |
| Dec 31, 2020 | 9.20% |
| Sep 30, 2020 | 14.08% |
| Jun 30, 2020 | 8.95% |
| Mar 31, 2020 | 12.26% |
| Dec 31, 2019 | 13.74% |
| Sep 30, 2019 | 12.83% |
| Jun 30, 2019 | 14.92% |
| Mar 31, 2019 | 11.84% |