Vroom (VRMWW) Gross Margin (2019 - 2023)
Vroom (VRMWW) reported Gross Margin of 28.38% for Q4 2023, up 110040.0% year-over-year from N/an in Q4 2022, and up 39.05% quarter-over-quarter from 20.41% in Q3 2023.
Vroom (VRMWW) Gross Margin (2019 - 2023) Analysis & Trends
Vroom (VRMWW) has 5 years of Gross Margin data on file, last reported at 28.38% in Q4 2023.
- Gross Margin for Q4 2023 came in at 28.38%, up 110040.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 33.45% (down 2461.0% YoY), and the FY2023 annual result was 2.34%, up 1118.0% from the prior year.
- Gross Margin climbed to 28.38% in Q4 2023 per VRMWW's latest filing, from 20.41% in the prior quarter.
- Over five years, Gross Margin peaked at 28.38% in Q4 2023 and troughed at 1072.02% in Q4 2022.
- A 5-year average of 48.27% and a median of 6.12% in 2021 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 107681 bps in 2022, then soared 110040 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 4.59% in 2019, then increased by 8 bps to 4.95% in 2020, then declined by 3 bps to 4.78% in 2021, then tumbled by 22509 bps to 1072.02% in 2022, then soared by 103 bps to 28.38% in 2023.
- Business Quant data shows VRMWW's Gross Margin at 28.38% in Q4 2023, 20.41% in Q3 2023, and 20.43% in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 92.17% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 93.80% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 78.22% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 84.45% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 94.24% |
| 10 | Vroom | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 28.38% |
| Sep 30, 2023 | 20.41% |
| Jun 30, 2023 | 20.43% |
| Mar 31, 2023 | -17.77% |
| Dec 31, 2022 | -1,072.02% |
| 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% |