Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 14.72%
March 31, 2024 4.85%
December 31, 2023 -113.8%
September 30, 2023 -9.63%
June 30, 2023 2.23%
March 31, 2023 6.71%
December 31, 2022 -3.67%
September 30, 2022 -17.99%
June 30, 2022 -4.19%
March 31, 2022 0.17%
December 31, 2021 14.15%
September 30, 2021 21.59%
June 30, 2021 31.69%
March 31, 2021 30.24%
Date Value
December 31, 2020 24.92%
September 30, 2020 27.03%
June 30, 2020 29.69%
March 31, 2020 38.83%
December 31, 2019 33.98%
September 30, 2019 35.65%
June 30, 2019 33.82%
March 31, 2019 26.79%
December 31, 2018 24.95%
September 30, 2018 19.19%
June 30, 2018 15.04%
March 31, 2018 16.10%
December 31, 2017 8.12%

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

-113.8%
Minimum
Dec 2023
38.83%
Maximum
Mar 2020
6.92%
Average
14.15%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics