AeroClean Technologies Gross Profit

AeroClean Technologies (AERC) currently reports a gross profit of $8.2M as of June 2023. That compares with $320K in the prior-year period — up 2509.9% year over year. That is below the sector sector average of $740M. Use the charts on this page to explore AeroClean Technologies's gross profit history and peer comparisons.

AeroClean Technologies's gross profit increased from $320K to $8.2M — a 2509.9% year-over-year increase (period ending June 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

AeroClean Technologies's gross profit of $8.2M is lower than the its sector sector average of $740M. That is roughly 98.9% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

AeroClean Technologies reported $8.2M in gross profit as of June 2023. That compares with $320K in the prior-year period — up 2509.9% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current gross profit of $8.2M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $740M. From there, open related valuation or income-statement pages for AeroClean Technologies, and consider following AERC for alerts when major investors trade the stock.