Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 8.16%
March 31, 2024 10.48%
December 31, 2023 9.74%
September 30, 2023 14.16%
June 30, 2023 13.57%
March 31, 2023 11.90%
December 31, 2022 11.07%
September 30, 2022 13.97%
June 30, 2022 16.86%
March 31, 2022 13.58%
December 31, 2021 10.51%
September 30, 2021 11.86%
June 30, 2021 13.12%
Date Value
March 31, 2021 12.09%
December 31, 2020 8.03%
September 30, 2020 14.51%
June 30, 2020 20.85%
March 31, 2020 21.33%
December 31, 2019 18.19%
September 30, 2019 17.05%
June 30, 2019 16.08%
March 31, 2019 13.64%
December 31, 2018 3.13%
September 30, 2018 5.62%
June 30, 2018 4.06%
March 31, 2018 3.70%

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

8.03%
Minimum
Dec 2020
21.33%
Maximum
Mar 2020
13.37%
Average
13.12%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics