Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 26.65%
March 31, 2024 -27.99%
December 31, 2023 19.78%
September 30, 2023 26.26%
June 30, 2023 26.80%
Date Value
March 31, 2023 -24.96%
December 31, 2022 43.75%
September 30, 2022 20.02%
June 30, 2022 31.23%

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

-27.99%
Minimum
Mar 2024
43.75%
Maximum
Dec 2022
15.73%
Average
26.26%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics