Rite Aid Gross Profit

Rite Aid (RAD) currently reports a gross profit of $4.7B as of August 2023. That compares with $4.9B in the prior-year period — down 4.1% year over year. That is below the Healthcare sector average of $67B. Use the charts on this page to explore Rite Aid's gross profit history and peer comparisons.

Rite Aid's gross profit decreased from $4.9B to $4.7B — a 4.1% year-over-year decrease (period ending August 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Rite Aid's gross profit of $4.7B is lower than the Healthcare sector average of $67B. That is roughly 93.0% 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.

Rite Aid reported $4.7B in gross profit as of August 2023. That compares with $4.9B in the prior-year period — down 4.1% 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 $4.7B, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is $67B. From there, open related valuation or income-statement pages for Rite Aid, and consider following RAD for alerts when major investors trade the stock.