Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 9.88%
March 31, 2024 4.71%
December 31, 2023 12.96%
September 30, 2023 8.85%
June 30, 2023 11.31%
March 31, 2023 6.18%
December 31, 2022 12.36%
September 30, 2022 3.03%
June 30, 2022 7.57%
March 31, 2022 12.77%
December 31, 2021 26.05%
September 30, 2021 18.60%
June 30, 2021 18.26%
March 31, 2021 19.26%
December 31, 2020 38.23%
September 30, 2020 36.29%
Date Value
June 30, 2020 31.18%
March 31, 2020 28.17%
December 31, 2019 32.33%
September 30, 2019 33.50%
June 30, 2019 21.46%
March 31, 2019 19.77%
December 31, 2018 22.98%
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017 -15.67%
December 31, 2016 -138.0%

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

3.03%
Minimum
Sep 2022
38.23%
Maximum
Dec 2020
17.79%
Average
12.96%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics