Vroom (VRM) Net Margin % : -59.90% (As of Dec. 2023)

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What is Vroom Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vroom's Net Income for the three months ended in Dec. 2023 was $-141.3 Mil. Vroom's Revenue for the three months ended in Dec. 2023 was $235.9 Mil. Therefore, Vroom's net margin for the quarter that ended in Dec. 2023 was -59.90%.

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

VRM' s Net Margin % Range Over the Past 10 Years
Min: -40.93 Med: -13.47 Max: -9.96
Current: -40.93

VRM's Net Margin % is ranked worse than
93.3% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.37 vs VRM: -40.93

Vroom Net Margin % Historical Data

The historical data trend for Vroom'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.

Vroom Net Margin % Chart

Vroom Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

-12.00

-14.94

-11.65

-23.19

-40.92

Vroom 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															11.83	-38.20	-29.45	-35.16	-59.90

Competitive Comparison of Vroom's Net Margin %

For the Auto & Truck Dealerships subindustry, Vroom'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.

Vroom's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vroom's Net Margin % distribution charts can be found below:

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

Vroom 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.

Vroom's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-365.54	/	893.203
	=	-40.92 %

Vroom'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 )
	=	-141.321	/	235.924
	=	-59.90 %

Vroom (NAS:VRM) 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.

Vroom Net Margin % Related Terms

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

Vroom (VRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vroom Inc (NAS:VRM) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

VRM:Mexico

Address

3600 West Sam Houston Parkway South, Floor 4, Houston, TX, USA, 77042

Website

https://www.vroom.com

Vroom Inc is an end-to-end e-commerce platform for the used vehicle industry. The Company's scalable, data-driven technology brings all phases of the car buying and selling process to consumers offering an extensive selection of used vehicles, transparent pricing, competitive financing, and at-home pick-up and delivery. Its three reportable segments are: The E-commerce segment represents retail sales of used vehicles through its e-commerce platform and fees earned on sales of value-added products associated with those vehicle sales, The Wholesale segment represents sales of used vehicles through wholesale channels, and The Retail Financing segment represents UACC's operations with its network of third-party dealership customers.

Executives

Thomas H Shortt	officer: Chief Operating Officer	C/O VROOM INC, 1375 BROADWAY, 11TH FLOOR, NEW YORK NY 10018
Agnieszka Zakowicz	officer: Principal Accounting Officer	C/O VROOM, INC., 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Robert R. Krakowiak	officer: Chief Financial Officer	633 NATALIE LANE, NORTHVILLE MI 48167
Mylod Robert J Jr	director
Patricia Moran	officer: See remarks	GREENHILL & CO., 300 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Carol Denise Stott	officer: See remarks	C/O VROOM, INC., 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Laura W Lang	director	DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Timothy M Crow	director	2455 PACES FERRY ROAD, NW, ATLANTA GA 30339
Paul J. Hennessy	director, officer: Chief Executive Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Catterton Management Company, L.l.c.	director, 10 percent owner	599 WEST PUTNAM AVENUE, GREENWICH CT 06830
David K. Jones	officer: Chief Financial Officer	1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Scott Arnold Dahnke	director, 10 percent owner	599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Cgp2 Lone Star, L.p.	10 percent owner	599 WEST PUTNAM AVENUE, GREENWICH CT 06930
Frederick Terrell	director	17 STATE STREET, NEW YORK NY 10004
Paula B Pretlow	director	C/O CION ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067