Vroom (VRM) Gross Margin (2019 - 2023)
Vroom's Gross Margin came in at 12.31% for Q4 2023, down 1.76 percentage points from 14.07% a year earlier and down 8.10 percentage points from the prior quarter.
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Analysis
Vroom (VRM) Gross Margin (2019 - 2023) Analysis & Trends
For FY2023, Vroom's Gross Margin was 18.13%, up 5.57 percentage points from FY2022.
- Gross Margin has increased in each of the last four years, with a five-year change of +11.02 percentage points (FY2018 to FY2023).
- Going back by year, Gross Margin was 12.56% in FY2022 (+6.21 pp), 6.35% in FY2021 (+1.08 pp), 5.27% in FY2020 (+0.41 pp) and 4.85% in FY2019 (-2.25 pp).
- The Q4 2023 figure represents the lowest quarterly Gross Margin since Q1 2022.
- Year-over-year, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +5.90 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2022 (a gain of 13.28 percentage points), and the weakest in Q2 2020 (a drop of 2.30 percentage points).
- Business Quant data shows VRM's Gross Margin at 20.41% (Q3 2023), 20.43% (Q2 2023) and 19.75% (Q1 2023) in the three quarters before Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 86.66% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Vroom | 50.67 Mn | -232.05 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 12.31% |
| Sep 30, 2023 | 20.41% |
| Jun 30, 2023 | 20.43% |
| Mar 31, 2023 | 19.75% |
| Dec 31, 2022 | 14.07% |
| Sep 30, 2022 | 19.76% |
| Jun 30, 2022 | 13.96% |
| Mar 31, 2022 | 8.84% |
| Dec 31, 2021 | 4.78% |
| Sep 30, 2021 | 6.48% |
| Jun 30, 2021 | 8.29% |
| Mar 31, 2021 | 6.12% |
| Dec 31, 2020 | 4.95% |
| Sep 30, 2020 | 7.88% |
| Jun 30, 2020 | 3.01% |
| Mar 31, 2020 | 4.89% |
| Dec 31, 2019 | 4.59% |
| Sep 30, 2019 | 4.61% |
| Jun 30, 2019 | 5.31% |
API Access
Vroom 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=VRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VRM", "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=VRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();