Petiq Inc (PETQ) Gross Profit Margin starting from the second quarter 2024 to second quarter 2023, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Petiq Inc   (NASDAQ: PETQ)


Petiq Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



PETQ Gross Profit Margin (Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
Y / Y Revenue Change 4.59 %
Seq. Revenue Change 6.74 %
Revenue In Millions $328.28
Gross Profit Margin 26.89 %
Gross Profit Margin Total Ranking # 2884
Gross Profit In Millions $88.28
Y / Y Gross Profit Change 19.5 %
Seq. Gross Profit Change 18.43 %


Commenting Second Quarter 2024 Gross Profit Margin
Petiq Inc Gross Profit grew by 18.43 % in Q2 sequentially to 88 millions, while Revenue increased by 6.74 %, this led to improvement in the company's Gross Profit Margin to 26.89 % a new company high.


Observing second quarter 2024 results within Pharmacy Services & Retail Drugstore industry 7 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 2884, from total ranking in the previous quarter at 3013.
Learn about Gross Margin
PETQ's Gross Profit Margin second quarter 2024 Company Ranking
Within: No.
Pharmacy Services & Retail Drugstore Industry # 8
Retail Sector # 133
Overall # 2850

Gross Profit Margin Statistics
High Average Low
26.89 % 19.09 % 13.26 %
(Jun 30 2024)   (Dec 31 2019)




Other Gross Profit Margin Profitability Ratios
PETQ's Cumulative Gross Profit Margin
Pharmacy Services & Retail Drugstore Industry Gross Profit Margin Trends and Statistics
Retail Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
PETQ's Gross Profit Margin Profitability versus Pharmacy Services & Retail Drugstore Industry, Retail Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for PETQ's Competitors
Gross Profit Margin Profit Margin for Petiq Inc 's Suppliers
Gross Profit Margin Profit Margin for PETQ's Customers

You may also want to know
PETQ's Annual Growth Rates PETQ's Profitability Ratios PETQ's Asset Turnover Ratio PETQ's Dividend Growth
PETQ's Roe PETQ's Valuation Ratios PETQ's Financial Strength Ratios PETQ's Gross Profit Growth
PETQ's Roa PETQ's Inventory Turnover Ratio PETQ's Growth Rates PETQ's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Jun 30 2024, within Pharmacy Services & Retail Drugstore Industry Gross Profit MarginJun 30 2024 MRQ Gross ProfitJun 30 2024 MRQ Revenue
Nu Skin Enterprises Inc   70.10 %$ 307.177  Millions$ 438.177  Millions
Sharing Services Global Corporation  69.53 %$ 1.545  Millions$ 2.222  Millions
Aixin Life International Inc   63.97 %$ 0.853  Millions$ 1.333  Millions
General Cannabis Corp  54.26 %$ 2.002  Millions$ 3.689  Millions
Hwh International Inc   49.25 %$ 0.165  Millions$ 0.335  Millions
Petiq Inc   26.89 %$ 88.283  Millions$ 328.283  Millions
Petmed Express Inc   26.83 %$ 17.971  Millions$ 66.971  Millions
Guardian Pharmacy Services Inc   20.43 %$ 61.288  Millions$ 300.037  Millions
Zerostack Corp   20.19 %$ 3.167  Millions$ 15.683  Millions
Walgreens Boots Alliance Inc   17.77 %$ 6,460.000  Millions$ 36,352.000  Millions
Cvs Health Corporation  14.67 %$ 13,383.000  Millions$ 91,234.000  Millions
Cosmos Health Inc   5.81 %$ 0.767  Millions$ 13.207  Millions




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