Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 1.70%
March 31, 2024 1.33%
December 31, 2023 2.21%
September 30, 2023 1.99%
June 30, 2023 2.52%
March 31, 2023 3.26%
December 31, 2022 3.28%
September 30, 2022 4.03%
June 30, 2022 3.24%
March 31, 2022 3.42%
December 31, 2021 3.39%
September 30, 2021 2.78%
June 30, 2021 4.00%
March 31, 2021 3.33%
December 31, 2020 1.23%
September 30, 2020 1.94%
June 30, 2020 1.68%
March 31, 2020 1.79%
December 31, 2019 0.77%
September 30, 2019 0.56%
June 30, 2019 0.76%
March 31, 2019 0.69%
December 31, 2018 0.76%
September 30, 2018 0.54%
Date Value
June 30, 2018 0.33%
March 31, 2018 0.37%
December 31, 2017 0.53%
September 30, 2017 0.34%
June 30, 2017 0.46%
March 31, 2017 0.42%
December 31, 2016 0.46%
September 30, 2016 0.45%
June 30, 2016 0.44%
March 31, 2016 0.45%
December 31, 2015 0.37%
September 30, 2015 0.72%
June 30, 2015 0.41%
March 31, 2015 0.35%
December 31, 2014 0.47%
September 30, 2014 0.39%
June 30, 2014 0.35%
March 31, 2014 0.48%
December 31, 2013 0.53%
September 30, 2013 0.47%
June 30, 2013 0.55%
March 31, 2013 0.41%
December 31, 2012 0.37%
September 30, 2012 0.32%

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

0.77%
Minimum
Dec 2019
4.03%
Maximum
Sep 2022
2.52%
Average
2.52%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks