Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 41.01%
March 31, 2024 33.34%
December 31, 2023 26.64%
September 30, 2023 31.59%
June 30, 2023 17.40%
March 31, 2023 34.06%
December 31, 2022 17.62%
September 30, 2022 8.72%
Date Value
June 30, 2022 8.82%
March 31, 2022 9.21%
December 31, 2021 12.20%
September 30, 2021 22.25%
June 30, 2021 20.83%
March 31, 2021 46.21%
December 31, 2020 43.40%

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

8.72%
Minimum
Sep 2022
46.21%
Maximum
Mar 2021
24.89%
Average
22.25%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks