Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 41.16%
March 31, 2024 54.89%
December 31, 2023 14.86%
September 30, 2023 13.86%
June 30, 2023 8.82%
March 31, 2023 11.44%
December 31, 2022 1.10%
September 30, 2022 6.66%
June 30, 2022 5.72%
March 31, 2022 12.79%
December 31, 2021 16.17%
September 30, 2021 23.75%
June 30, 2021 26.30%
March 31, 2021 31.57%
December 31, 2020 34.04%
Date Value
September 30, 2020 58.42%
June 30, 2020 62.48%
March 31, 2020 63.17%
December 31, 2019 60.77%
September 30, 2019 64.30%
June 30, 2019 62.59%
March 31, 2019 62.80%
December 31, 2018 51.90%
September 30, 2018 60.19%
June 30, 2018 65.64%
March 31, 2018 67.50%
December 31, 2017 52.39%
September 30, 2017 72.98%
June 30, 2017 66.99%
March 31, 2017 61.90%

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

1.10%
Minimum
Dec 2022
63.17%
Maximum
Mar 2020
28.84%
Average
23.75%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics