Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 19.36%
March 31, 2024 16.50%
December 31, 2023 16.40%
September 30, 2023 19.22%
June 30, 2023 18.16%
March 31, 2023 13.59%
December 31, 2022 10.82%
September 30, 2022 13.07%
June 30, 2022 13.21%
March 31, 2022 9.69%
December 31, 2021 6.56%
September 30, 2021 12.80%
Date Value
June 30, 2021 9.19%
March 31, 2021 8.26%
December 31, 2020 -10.31%
September 30, 2020 12.21%
June 30, 2020 11.28%
March 31, 2020 8.48%
December 31, 2019 2.69%
September 30, 2019 10.04%
June 30, 2019 11.05%
March 31, 2019 9.35%
March 31, 2018 28.32%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-10.31%
Minimum
Dec 2020
19.36%
Maximum
Jun 2024
11.11%
Average
12.21%
Median
Sep 2020

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