Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 42.16%
June 30, 2023 27.11%
March 31, 2023 34.81%
December 31, 2022 23.82%
September 30, 2022 63.82%
June 30, 2022 29.58%
March 31, 2022 18.64%
December 31, 2021 58.15%
September 30, 2021 38.42%
June 30, 2021 51.56%
Date Value
March 31, 2021 67.09%
December 31, 2020 40.53%
September 30, 2020 40.46%
June 30, 2020 32.83%
March 31, 2020 42.65%
December 31, 2019 4.83%
September 30, 2019 33.92%
June 30, 2019
March 31, 2019 35.62%

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

4.83%
Minimum
Dec 2019
67.09%
Maximum
Mar 2021
38.26%
Average
38.42%
Median
Sep 2021

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