Reed'S (REED) Gross Margin (2010 - 2024)
Reed'S (REED) posted Gross Margin of 17.99% for Q3 2024, down 16.02 percentage points from 34.02% a year earlier and down 14.27 percentage points from the prior quarter.
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Analysis
Reed'S (REED) Gross Margin (2010 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Gross Margin at Reed'S was 22.38%, down 4.02 percentage points year-over-year; for FY2023, it was 21.72%, down 1.11 percentage points from FY2022.
- Annual Gross Margin shows a five-year change of -6.30 percentage points (FY2018 to FY2023).
- In prior years, Reed'S's Gross Margin was 22.84% in FY2022 and 23.29% in FY2019 (-4.74 pp).
- Quarterly Gross Margin has run from a low of 4.04% in Q4 2023 to a high of 35.57% in Q1 2024 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last seven quarters, with an average year-over-year change of -0.18 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 13.88 percentage points; the weakest was Q4 2019, with a drop of 19.19 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 32.26% (Q2 2024), 35.57% (Q1 2024) and 4.04% (Q4 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 17.99% |
| Jun 30, 2024 | 32.26% |
| Mar 31, 2024 | 35.57% |
| Dec 31, 2023 | 4.04% |
| Sep 30, 2023 | 34.02% |
| Jun 30, 2023 | 25.08% |
| Mar 31, 2023 | 24.18% |
| Dec 31, 2022 | 22.91% |
| Sep 30, 2022 | 20.13% |
| Jun 30, 2022 | 24.04% |
| Mar 31, 2022 | 24.07% |
| Jun 30, 2020 | 27.53% |
| Mar 31, 2020 | 30.14% |
| Dec 31, 2019 | 8.35% |
| Sep 30, 2019 | 28.63% |
| Jun 30, 2019 | 23.98% |
| Mar 31, 2019 | 29.64% |
| Dec 31, 2018 | 27.54% |
| Sep 30, 2018 | 24.83% |
| Jun 30, 2018 | 32.40% |
API Access
Reed'S 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=REED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();