Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 5.99%
September 30, 2023 15.09%
June 30, 2023 0.43%
March 31, 2023 0.07%
December 31, 2022 1.37%
September 30, 2022 0.38%
June 30, 2022 0.39%
Date Value
March 31, 2022
December 31, 2021 0.51%
September 30, 2021 0.46%
June 30, 2021 0.37%
March 31, 2021 0.33%
December 31, 2020 1.53%
September 30, 2020 11.21%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

0.07%
Minimum
Mar 2023
15.09%
Maximum
Sep 2023
2.93%
Average
0.46%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics