Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.34%
March 31, 2024 40.20%
December 31, 2023 39.66%
September 30, 2023 40.34%
June 30, 2023 54.19%
March 31, 2023 51.62%
December 31, 2022 26.14%
September 30, 2022 60.72%
June 30, 2022 43.31%
March 31, 2022 51.65%
December 31, 2021 12.53%
September 30, 2021 60.41%
June 30, 2021 60.12%
March 31, 2021 60.27%
December 31, 2020 86.06%
Date Value
September 30, 2020 60.37%
June 30, 2020 36.65%
March 31, 2020 63.25%
December 31, 2019 32.88%
September 30, 2019 46.72%
June 30, 2019 40.56%
April 30, 2019 68.41%
January 31, 2019 70.03%
October 31, 2018 79.92%
July 31, 2018 75.63%
April 30, 2018 86.00%
January 31, 2018
October 31, 2017
July 31, 2017 77.54%

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

12.53%
Minimum
Dec 2021
86.06%
Maximum
Dec 2020
48.41%
Average
51.62%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics