Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 18.89%
June 30, 2023 24.11%
March 31, 2023 34.46%
December 31, 2022 15.66%
Date Value
September 30, 2022 -20.46%
June 30, 2022 -11.45%
March 31, 2022 15.09%

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

-20.46%
Minimum
Sep 2022
34.46%
Maximum
Mar 2023
10.90%
Average
15.66%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics