Golden Growers Cooperative (GGROU) Net Margin (2010 - 2023)
Golden Growers Cooperative (GGROU) reported Net Margin of 7.99% for Q4 2023, up 84.0% year-over-year from 4.34% in Q4 2022, and up 26.19% quarter-over-quarter from 6.33% in Q3 2023.
Golden Growers Cooperative (GGROU) Net Margin (2010 - 2023) Analysis & Trends
Golden Growers Cooperative (GGROU) has 14 years of Net Margin data on file, last reported at 7.99% in Q4 2023.
- Net Margin for Q4 2023 came in at 7.99%, up 84.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 6.06% (down 16.0% YoY), and the FY2025 annual result was 9.73%, down 2.0% from the prior year.
- Net Margin rose to 7.99% in Q4 2023 per GGROU's latest filing, from 6.33% in the prior quarter.
- Over five years, Net Margin peaked at 14.92% in Q2 2019 and troughed at 3.37% in Q2 2022.
- A 5-year average of 9.21% and a median of 8.78% in 2021 frame the typical range for Net Margin.
- The sharpest annual moves came in 2020 and 2023: Net Margin tumbled 597 bps in 2020, then soared 294 bps in 2023.
- A 5-year view of Net Margin shows it stood at 13.74% in 2019, then slumped by 33 bps to 9.2% in 2020, then advanced by 19 bps to 10.97% in 2021, then slumped by 35 bps to 7.15% in 2022, then advanced by 12 bps to 7.99% in 2023.
- Business Quant data shows GGROU's Net Margin at 7.99% in Q4 2023, 6.33% in Q3 2023, and 6.31% in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 36.33 Bn | 35.72 Bn | 1.22 Bn | 1.48% |
| 2 | Bunge Global | 21.79 Bn | 22.33 Bn | 766.00 Mn | 0.34% |
| 3 | Tyson Foods | 3.86 Bn | 3.46 Bn | 962.00 Mn | 1.93% |
| 4 | Cal-Maine Foods | 3.68 Bn | 3.29 Bn | 119.28 Mn | 7.66% |
| 5 | Adecoagro | 2.04 Bn | 1.74 Bn | 97.80 Mn | 10.07% |
| 6 | Dole | 1.33 Bn | 1.17 Bn | 184.99 Mn | -4.74% |
| 7 | Fresh Del Monte Produce | 1.30 Bn | 1.25 Bn | 89.00 Mn | 1.02% |
| 8 | Vital Farms | 463.27 Mn | 426.30 Mn | 53.01 Mn | -0.81% |
| 9 | Alico | 310.30 Mn | 262.17 Mn | -4.59 Mn | 211.27% |
| 10 | Golden Growers Cooperative | - | - | - | - |
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 | 12.30% |
| Dec 31, 2019 | 13.74% |
| Sep 30, 2019 | 12.83% |
| Jun 30, 2019 | 14.92% |
| Mar 31, 2019 | 11.84% |