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Rite Aid Corp
NYSE:RAD

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Rite Aid Corp Logo
Rite Aid Corp
NYSE:RAD
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Price: 0.1728 USD -4.95% Market Closed
Updated: May 2, 2024

Gross Margin
Rite Aid Corp

20.2%
Current
20%
Average
32.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
20.2%
=
Gross Profit
4.8B
/
Revenue
23.7B

Gross Margin Across Competitors

Country US
Market Cap 9.8m USD
Gross Margin
20%
Country ZA
Market Cap 71.6B Zac
Gross Margin
22%
Country ZA
Market Cap 28B Zac
Gross Margin
23%
Country US
Market Cap 15B USD
Gross Margin
19%
Country BR
Market Cap 43.9B BRL
Gross Margin
30%
Country CN
Market Cap 44.2B CNY
Gross Margin
38%
Country JP
Market Cap 927.9B JPY
Gross Margin
35%
Country SA
Market Cap 17.9B SAR
Gross Margin
40%
Country MX
Market Cap 74.3B MXN
Gross Margin
23%
Country JP
Market Cap 582.5B JPY
Gross Margin
20%
Country CN
Market Cap 24.7B CNY
Gross Margin
36%

Profitability Report

View the profitability report to see the full profitability analysis for Rite Aid Corp.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
20.2%
=
Gross Profit
4.8B
/
Revenue
23.7B
What is the Gross Margin of Rite Aid Corp?

Based on Rite Aid Corp's most recent financial statements, the company has Gross Margin of 20.2%.