Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 15.15%
March 31, 2024 13.03%
December 31, 2023 10.76%
September 30, 2023 15.69%
June 30, 2023 3.56%
Date Value
March 31, 2023 7.27%
December 31, 2022 5.45%
September 30, 2022
June 30, 2022
March 31, 2022 9.64%

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

3.56%
Minimum
Jun 2023
15.69%
Maximum
Sep 2023
10.07%
Average
10.20%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics