Transportation & Logistics Systems, Inc. (TLSS) Gross Margin (2017 - 2023)
Transportation & Logistics Systems (TLSS) posted quarterly Gross Margin of 23.81% for Q3 2023, down 348.0% year-over-year from 9.6% in Q3 2022, and down 7.47% quarter-over-quarter from 25.73% in Q2 2023.
Transportation & Logistics Systems, Inc. (TLSS) Gross Margin (2017 - 2023) Analysis & Trends
Transportation & Logistics Systems' Gross Margin history runs 7 years deep, the most recent figure standing at 23.81% for Q3 2023.
- In Q3 2023, Gross Margin fell 348.0% year-over-year to 23.81%; the TTM figure through Sep 2023 stood at 30.73% (up 603.0% YoY), while the FY2022 annual figure was 32.64%, up 3105.0% from the prior year.
- Gross Margin for Q3 2023 stood at 23.81%, down from 25.73% in the prior quarter.
- The five-year high for Gross Margin was 40.95% in Q4 2022, with the low at 27.29% in Q1 2021.
- The 5-year median for Gross Margin is 18.56% (2019), against an average of 15.23%.
- The sharpest annual moves came in 2021 and 2022: Gross Margin sank 3631 bps in 2021, then jumped 5019 bps in 2022.
- Transportation & Logistics Systems' Gross Margin stood at 3.15% in 2019, then sank by 276 bps to 5.56% in 2020, then surged by 447 bps to 19.31% in 2021, then soared by 112 bps to 40.95% in 2022, then sank by 42 bps to 23.81% in 2023.
- Business Quant data shows TLSS's Gross Margin at 23.81% in Q3 2023, 25.73% in Q2 2023, and 35.18% in Q1 2023.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 23.81% |
| Jun 30, 2023 | 25.73% |
| Mar 31, 2023 | 35.18% |
| Dec 31, 2022 | 40.95% |
| Sep 30, 2022 | 27.29% |
| Jun 30, 2022 | 27.84% |
| Mar 31, 2022 | 22.90% |
| Dec 31, 2021 | 19.31% |
| Jun 30, 2021 | 14.54% |
| Mar 31, 2021 | -27.29% |
| Dec 31, 2020 | -5.56% |
| Sep 30, 2020 | 5.25% |
| Jun 30, 2020 | 18.24% |
| Mar 31, 2020 | 9.02% |
| Dec 31, 2019 | 3.15% |
| Sep 30, 2019 | 18.89% |
| Jun 30, 2019 | 7.14% |
| Mar 31, 2019 | 7.70% |
| Dec 31, 2018 | 8.80% |
| Sep 30, 2018 | 0.52% |