Vector Group Ltd (VGR) Gross Profit Margin starting from the second quarter 2024 to second quarter 2023, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Vector Group Ltd  (NYSE: VGR)
    Sector • Consumer Non Cyclical    Industry • Tobacco
   Industry • Tobacco
   Sector • Consumer Non Cyclical


Vector Group Ltd's Gross Profit Margin by quarter

Trends, Rankings, Statistics



VGR 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 1.71 %
Seq. Revenue Change 14.59 %
Revenue In Millions $371.91
Gross Profit Margin 34.23 %
Gross Profit Margin Total Ranking # 2546
Gross Profit In Millions $127.32
Y / Y Gross Profit Change 9.12 %
Seq. Gross Profit Change 19.36 %


Commenting Second Quarter 2024 Gross Profit Margin
Vector Group Ltd Gross Profit grew by 19.36 % in Q2 sequentially to 127 millions, while Revenue increased by 14.59 %, this led to improvement in the company's Gross Profit Margin to 34.23 %, Gross Profit Margin remained below Vector Group Ltd average.


Observing second quarter 2024 results within Tobacco industry 5 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 2546, from total ranking in the previous quarter at 2601.
Learn about Gross Margin
VGR's Gross Profit Margin second quarter 2024 Company Ranking
Within: No.
Tobacco Industry # 6
Consumer Non Cyclical Sector # 99
Overall # 2515

Gross Profit Margin Statistics
High Average Low
80.61 % 39.15 % 19.09 %
(Mar 31 2014)   (Dec 31 2020)




Other Gross Profit Margin Profitability Ratios
VGR's Cumulative Gross Profit Margin
Tobacco Industry Gross Profit Margin Trends and Statistics
Consumer Non Cyclical Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
VGR's Gross Profit Margin Profitability versus Tobacco Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for VGR's Competitors
Gross Profit Margin Profit Margin for Vector Group Ltd's Suppliers
Gross Profit Margin Profit Margin for VGR's Customers

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


Companies with similar Gross Profit Margin in the quarter ending Jun 30 2024, within Tobacco Industry Gross Profit MarginJun 30 2024 MRQ Gross ProfitJun 30 2024 MRQ Revenue
Altria Group Inc   79.77 %$ 3,675.000  Millions$ 4,607.000  Millions
Philip Morris International Inc   64.67 %$ 6,123.000  Millions$ 9,468.000  Millions
22nd Century Group inc   51.31 %$ 4.078  Millions$ 7.947  Millions
Turning Point Brands Inc   49.93 %$ 53.841  Millions$ 107.841  Millions
Healthier Choices Management Corp   37.81 %$ 5.897  Millions$ 15.595  Millions
Vector Group Ltd  34.23 %$ 127.320  Millions$ 371.914  Millions
Ispire Technology Inc  28.29 %$ 10.563  Millions$ 37.343  Millions




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