Rave Restaurant (RAVE) Gross Margin (2010 - 2023)
Rave Restaurant (RAVE) recorded Gross Margin of 100.00% in fiscal Q4 2023 (quarter ended Jun 25, 2023), unchanged from 100.00% a year earlier and unchanged from the prior quarter.
Rave Restaurant (RAVE) Gross Margin (2010 - 2023) Analysis & Trends
Starting with fiscal Q1 2011, Rave Restaurant's Gross Margin history includes 33 quarters.
- Annual Gross Margin has increased for five straight fiscal years, with a five-year change of +24.17 percentage points (FY2018 to FY2023).
- Across earlier fiscal years, Gross Margin came in at 99.99% in FY2022 (+3.06 pp), 96.93% in FY2021 (+1.31 pp), 95.62% in FY2020 (+4.71 pp) and 90.91% in FY2019 (+15.08 pp).
- On a year-over-year basis, Gross Margin rose in five of the last six quarters, with an average year-over-year change of +2.10 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 19.69 percentage points in fiscal Q2 2019, against a drop of 5.69 percentage points in fiscal Q4 2019 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | - |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | - |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 67.73% |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 54.64% |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | -3.06% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 54.64% |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 17.11% |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | - |
| 10 | Rave Restaurant | 33.40 Mn | -13.67 Mn | - | - |
Historic 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% |
Rave Restaurant 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=RAVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RAVE", "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=RAVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();