Rave Restaurant (RAVE) Gross Margin (2010 - 2023)
Rave Restaurant's (RAVE) quarterly Gross Margin came in at 100.0% in Q2 2023, little changed YoY from 100.0% in Q2 2022, and little changed on a QoQ basis from 100.0% in Q1 2023.
Rave Restaurant (RAVE) Gross Margin (2010 - 2023) Analysis & Trends
Rave Restaurant (RAVE) has 14 years of Gross Margin data on file, last reported at 100.0% in Q2 2023.
- Quarterly Gross Margin changed 0.0% year-over-year to 100.0% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 96.39% (down 360.0% YoY) and the FY2023 annual result came in at 100.0%, up 1.0% from the prior year.
- Gross Margin was little changed at 100.0% in Q2 2023, from 100.0% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2021 to a low of 86.78% in Q2 2019.
- A 5-year average of 96.49% and a median of 96.5% in 2020 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2019 — Gross Margin slumped 569 bps — and 2020, when it surged 860 bps.
- Tracing RAVE's Gross Margin over 5 years: stood at 95.94% in 2019, then gained by 1 bps to 96.48% in 2020, then increased by 4 bps to 100.0% in 2021, then changed by 0 bps to 100.0% in 2022, then changed by 0 bps to 100.0% in 2023.
- The last three Gross Margin figures came in at 100.0% (Q2 2023), 100.0% (Q1 2023), and 100.0% (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 69.66% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 70.33% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 67.73% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 74.80% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 98.84% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 74.80% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 70.75% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 85.89% |
| 10 | Rave Restaurant | 43.20 Mn | 31.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 25, 2023 | 100.00% |
| Mar 26, 2023 | 100.00% |
| Jun 26, 2022 | 100.00% |
| Mar 27, 2022 | 99.96% |
| Dec 26, 2021 | 100.00% |
| Sep 26, 2021 | 100.00% |
| Jun 27, 2021 | 98.53% |
| Mar 28, 2021 | 96.52% |
| Dec 27, 2020 | 96.48% |
| Sep 27, 2020 | 95.90% |
| Jun 28, 2020 | 94.68% |
| Mar 29, 2020 | 96.16% |
| Dec 29, 2019 | 95.94% |
| Sep 29, 2019 | 95.34% |
| Jun 30, 2019 | 86.78% |
| Mar 24, 2019 | 87.56% |
| Dec 23, 2018 | 94.55% |
| Sep 23, 2018 | 94.68% |
| Jun 24, 2018 | 92.46% |
| Mar 25, 2018 | 88.78% |