Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 43.22%
March 31, 2024 26.56%
December 31, 2023 23.01%
September 30, 2023 19.47%
June 30, 2023 44.63%
March 31, 2023 25.33%
Date Value
December 31, 2022 25.88%
September 30, 2022 36.18%
June 30, 2022 42.25%
March 31, 2022 55.76%
December 31, 2021 64.06%
September 30, 2021 76.53%

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

19.47%
Minimum
Sep 2023
76.53%
Maximum
Sep 2021
40.24%
Average
39.21%
Median

Gross Profit Margin (Quarterly) Related Metrics