Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 -4.74%
September 30, 2023 13.30%
June 30, 2023 17.52%
March 31, 2023 20.73%
December 31, 2022 22.30%
September 30, 2022 22.44%
June 30, 2022 -40.42%
Date Value
March 31, 2022 15.15%
December 31, 2021 11.04%
September 30, 2021 35.91%
June 30, 2021
March 31, 2021 39.18%
December 31, 2020 31.18%
September 30, 2020 36.03%

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

-40.42%
Minimum
Jun 2022
39.18%
Maximum
Mar 2021
16.89%
Average
20.73%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics