Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 25.08%
March 31, 2024 38.03%
December 31, 2023 -10.79%
September 30, 2023 19.74%
June 30, 2023 41.21%
March 31, 2023 22.62%
December 31, 2022 37.57%
September 30, 2022 34.14%
June 30, 2022 43.89%
Date Value
March 31, 2022 14.99%
December 31, 2021 48.05%
September 30, 2021 33.77%
June 30, 2021 21.42%
March 31, 2021 33.42%
December 31, 2020
September 30, 2020
June 30, 2020 87.50%
March 31, 2020 15.48%

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

-10.79%
Minimum
Dec 2023
87.50%
Maximum
Jun 2020
31.63%
Average
33.60%
Median

Gross Profit Margin (Quarterly) Benchmarks