Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 5.02%
June 30, 2024 14.36%
March 31, 2024 3.45%
December 31, 2023 4.35%
September 30, 2023 4.80%
June 30, 2023 13.69%
March 31, 2023 3.85%
December 31, 2022 4.87%
September 30, 2022 5.25%
June 30, 2022 4.20%
Date Value
March 31, 2022 3.89%
December 31, 2021 4.43%
September 30, 2021 5.38%
June 30, 2021 5.45%
March 31, 2021 4.44%
December 31, 2020 4.82%
September 30, 2020 7.82%
June 30, 2020 10.66%
March 31, 2020 3.57%

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

3.45%
Minimum
Mar 2024
14.36%
Maximum
Jun 2024
6.02%
Average
4.82%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks