Grom Social Enterprises Profit Margin

Grom Social Enterprises (GROM) currently reports a profit margin of -386.06% as of March 2024. That compares with -293.69% in the prior-year period — down 31.5% year over year. That is below the Consumer Discretionary sector average of 8.68%. Use the charts on this page to explore Grom Social Enterprises's profit margin history and peer comparisons.

Grom Social Enterprises's profit margin decreased from -293.69% to -386.06% — a 31.5% year-over-year decrease (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Grom Social Enterprises's profit margin of -386.06% is lower than the Consumer Discretionary sector average of 8.68%. That is roughly 4547.0% 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.

There is no universal 'good' profit margin, but Grom Social Enterprises's current -386.06% should be judged against Consumer Discretionary norms (sector average: 8.68%) and against GROM's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current profit margin of -386.06%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is 8.68%. From there, open related valuation or income-statement pages for Grom Social Enterprises, and consider following GROM for alerts when major investors trade the stock.