Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 19.21%
March 31, 2024 10.23%
December 31, 2023 35.90%
September 30, 2023 19.15%
June 30, 2023 -3.18%
March 31, 2023 10.35%
December 31, 2022 42.33%
September 30, 2022 44.21%
June 30, 2022 58.26%
March 31, 2022 63.96%
December 31, 2021 74.38%
September 30, 2021 71.34%
June 30, 2021 65.56%
March 31, 2021 48.51%
December 31, 2020 20.60%
Date Value
September 30, 2020 34.29%
June 30, 2020 -46.50%
March 31, 2020 0.84%
December 31, 2019 39.82%
September 30, 2019 26.38%
June 30, 2019 12.98%
March 31, 2019 23.70%
December 31, 2018 42.87%
September 30, 2018 51.11%
June 30, 2018 39.26%
March 31, 2018 -10.08%
December 31, 2017 39.27%
September 30, 2017 31.51%
June 30, 2017 17.18%

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

-46.50%
Minimum
Jun 2020
74.38%
Maximum
Dec 2021
32.07%
Average
35.90%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics