Reed'S, Inc. (REED) EBIT Margin (2010 - 2024)
Reed'S's EBIT Margin came in at -46.48% for Q3 2024, down 45.27 percentage points from -1.21% a year earlier and down 40.84 percentage points from the prior quarter.
Reed'S, Inc. (REED) EBIT Margin (2010 - 2024) Analysis & Trends
Over the trailing twelve months to Sep 30, 2024, Reed'S reported EBIT Margin of -23.57%, down 6.64 percentage points year-over-year; for FY2023, it came in at -21.06%, up 6.91 percentage points from FY2022.
- EBIT Margin carries a five-year change of +0.25 percentage points (FY2018 to FY2023).
- Going back by year, EBIT Margin was -27.97% in FY2022 and -43.93% in FY2019 (-22.61 pp).
- The Q3 2024 figure represents the lowest quarterly EBIT Margin since Q4 2019.
- Year-over-year, EBIT Margin increased in five of the last seven quarters, with an average year-over-year change of +1.54 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q3 2023 (a gain of 19.08 percentage points), and the weakest in Q3 2024 (a drop of 45.27 percentage points).
- Business Quant data shows REED's EBIT Margin at -5.63% (Q2 2024), -6.77% (Q1 2024) and -42.32% (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -46.48% |
| Jun 30, 2024 | -5.63% |
| Mar 31, 2024 | -6.77% |
| Dec 31, 2023 | -42.32% |
| Sep 30, 2023 | -1.21% |
| Jun 30, 2023 | -17.46% |
| Mar 31, 2023 | -23.11% |
| Dec 31, 2022 | -24.37% |
| Sep 30, 2022 | -20.29% |
| Jun 30, 2022 | -33.05% |
| Mar 31, 2022 | -34.30% |
| Jun 30, 2020 | -13.21% |
| Mar 31, 2020 | -23.63% |
| Dec 31, 2019 | -48.82% |
| Sep 30, 2019 | -50.09% |
| Jun 30, 2019 | -43.31% |
| Mar 31, 2019 | -34.11% |
| Dec 31, 2018 | -21.77% |
| Sep 30, 2018 | -19.26% |
| Jun 30, 2018 | -30.06% |
Reed'S, Inc. EBIT 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=ebit-margin&ticker=REED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "REED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();