Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.42%
March 31, 2024 21.35%
December 31, 2023 -27.92%
September 30, 2023 35.68%
June 30, 2023 26.39%
March 31, 2023 75.35%
December 31, 2022 41.75%
September 30, 2022 55.65%
June 30, 2022 18.13%
Date Value
March 31, 2022 78.00%
December 31, 2021 57.72%
September 30, 2021 50.61%
June 30, 2021 60.33%
March 31, 2021 29.28%
September 30, 2020 2.92%
June 30, 2020 53.22%
March 31, 2020 40.96%

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

-27.92%
Minimum
Dec 2023
78.00%
Maximum
Mar 2022
38.05%
Average
40.96%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics