Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.09%
March 31, 2024 20.42%
December 31, 2023 6.14%
September 30, 2023 22.76%
June 30, 2023 19.87%
March 31, 2023 5.34%
December 31, 2022 3.41%
September 30, 2022 6.07%
Date Value
June 30, 2022 12.52%
March 31, 2022 14.95%
December 31, 2021 5.97%
September 30, 2021 43.62%
June 30, 2021 17.63%
March 31, 2021 -0.94%
December 31, 2020 16.79%

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

-0.94%
Minimum
Mar 2021
43.62%
Maximum
Sep 2021
14.84%
Average
14.95%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics