Lite Strategy (LITS) Gross Margin (2016 - 2021)
Lite Strategy (LITS) recorded Gross Margin of 100.00% in FY2022 (year ended Jun 30, 2022), up 4.05 percentage points from 95.95% in FY2021.
Analysis
Lite Strategy (LITS) Gross Margin (2016 - 2021) Analysis & Trends
Starting with FY2017, Lite Strategy's Gross Margin history includes 6 fiscal years.
- Annual Gross Margin has increased for four straight fiscal years, with a five-year change of +21.51 percentage points (FY2017 to FY2022).
- The FY2022 figure is the highest annual Gross Margin in data going back to FY2017.
- Per Business Quant data, LITS's Gross Margin was 95.95% in FY2021 (+5.58 pp), 90.38% in FY2020 (+77.11 pp), 13.27% in FY2019 (+121.84 pp) and -108.57% in FY2018 (-187.06 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | 85.78% |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 68.19% |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | 74.74% |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | 73.54% |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 78.02% |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 83.60% |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 72.04% |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | 79.76% |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | 72.78% |
| 10 | Lite Strategy | 41.82 Mn | 9.70 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 100.00% |
| Mar 31, 2021 | 95.01% |
| Dec 31, 2020 | 96.08% |
| Sep 30, 2020 | 92.33% |
| Jun 30, 2020 | 98.11% |
| Mar 31, 2020 | 30.87% |
| Dec 31, 2019 | 36.41% |
| Sep 30, 2019 | 40.54% |
| Jun 30, 2019 | 2.39% |
| Mar 31, 2019 | 6.89% |
| Dec 31, 2018 | 50.76% |
| Sep 30, 2018 | -102.66% |
| Jun 30, 2018 | -102.01% |
| Mar 31, 2018 | -114.78% |
| Dec 31, 2017 | -103.35% |
| Sep 30, 2017 | -118.37% |
| Jun 30, 2017 | -120.04% |
| Mar 31, 2017 | 74.54% |
API Access
Lite Strategy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LITS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LITS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LITS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();