Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.17%
March 31, 2024 16.77%
December 31, 2023 24.94%
September 30, 2023 17.39%
June 30, 2023 20.55%
March 31, 2023 17.55%
Date Value
December 31, 2022 14.16%
September 30, 2022 23.88%
June 30, 2022 17.94%
March 31, 2022 20.41%
December 31, 2021 -1.17%

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

-1.17%
Minimum
Dec 2021
24.94%
Maximum
Dec 2023
17.51%
Average
17.94%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics