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Canopy Growth (TSX:WEED) Net Margin % : -276.16% (As of Dec. 2023)


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What is Canopy Growth Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Canopy Growth's Net Income for the three months ended in Dec. 2023 was C$-216.8 Mil. Canopy Growth's Revenue for the three months ended in Dec. 2023 was C$78.5 Mil. Therefore, Canopy Growth's net margin for the quarter that ended in Dec. 2023 was -276.16%.

The historical rank and industry rank for Canopy Growth's Net Margin % or its related term are showing as below:

TSX:WEED' s Net Margin % Range Over the Past 10 Years
Min: -1625   Med: -322.25   Max: -18.85
Current: -305.29


TSX:WEED's Net Margin % is ranked worse than
91.37% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.765 vs TSX:WEED: -305.29

Canopy Growth Net Margin % Historical Data

The historical data trend for Canopy Growth's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canopy Growth Net Margin % Chart

Canopy Growth Annual Data
Trend Jul13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -325.30 -331.35 -319.20 -60.75 -813.63

Canopy Growth Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -305.79 -464.21 -35.06 -445.45 -276.16

Competitive Comparison of Canopy Growth's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canopy Growth's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's Net Margin % distribution charts can be found below:

* The bar in red indicates where Canopy Growth's Net Margin % falls into.



Canopy Growth Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Canopy Growth's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-3278.158/402.904
=-813.63 %

Canopy Growth's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-216.797/78.505
=-276.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canopy Growth  (TSX:WEED) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Canopy Growth Net Margin % Related Terms

Thank you for viewing the detailed overview of Canopy Growth's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Canopy Growth (TSX:WEED) Business Description

Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include sports drink BioSteel, skincare products under This Works, Martha Stewart CBD, and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Canopy Growth (TSX:WEED) Headlines