Lee Enterprises (LEE) Gross Margin (2016 - 2023)
Historic Gross Margin for Lee Enterprises (LEE) over the last 14 years, with Q4 2023 value amounting to 51.97%.
- Lee Enterprises' Gross Margin fell 11600.0% to 51.97% in Q4 2023 from the same period last year, while for Dec 2023 it was 52.99%, marking a year-over-year decrease of 17500.0%. This contributed to the annual value of 53.26% for FY2023, which is 25800.0% down from last year.
- Latest data reveals that Lee Enterprises reported Gross Margin of 51.97% as of Q4 2023, which was down 11600.0% from 55.05% recorded in Q3 2023.
- In the past 5 years, Lee Enterprises' Gross Margin ranged from a high of 62.17% in Q2 2019 and a low of 51.63% during Q1 2023
- Its 5-year average for Gross Margin is 57.05%, with a median of 57.53% in 2020.
- Per our database at Business Quant, Lee Enterprises' Gross Margin tumbled by -45900bps in 2020 and then skyrocketed by 20400bps in 2021.
- Lee Enterprises' Gross Margin (Quarter) stood at 60.39% in 2019, then grew by 2bps to 61.4% in 2020, then dropped by -6bps to 57.49% in 2021, then fell by -8bps to 53.13% in 2022, then fell by -2bps to 51.97% in 2023.
- Its Gross Margin was 51.97% in Q4 2023, compared to 55.05% in Q3 2023 and 53.3% in Q2 2023.