Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.72%
March 31, 2024 33.10%
December 31, 2023 29.63%
September 30, 2023 19.56%
June 30, 2023 23.91%
March 31, 2023 40.04%
December 31, 2022 34.27%
September 30, 2022 28.25%
Date Value
June 30, 2022 30.81%
March 31, 2022 39.30%
December 31, 2021 31.10%
September 30, 2021 29.90%
June 30, 2021 24.20%
March 31, 2021 16.13%
December 31, 2020 -16.30%
September 30, 2020 -47.20%

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

-47.20%
Minimum
Sep 2020
40.04%
Maximum
Mar 2023
21.28%
Average
28.94%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics