Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 13.94%
September 30, 2023 14.06%
June 30, 2023 36.90%
March 31, 2023 21.01%
December 31, 2022 17.69%
September 30, 2022 15.96%
June 30, 2022 36.50%
March 31, 2022 18.96%
Date Value
December 31, 2021 19.62%
September 30, 2021 26.26%
June 30, 2021 26.53%
March 31, 2021 28.13%
December 31, 2020 36.03%
September 30, 2020 19.18%
June 30, 2020 23.47%
March 31, 2020 30.92%

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

13.94%
Minimum
Dec 2023
36.90%
Maximum
Jun 2023
24.07%
Average
22.24%
Median

Gross Profit Margin (Quarterly) Benchmarks

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