Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.12%
March 31, 2024 30.69%
December 31, 2023 46.09%
September 30, 2023 26.52%
June 30, 2023 23.31%
March 31, 2023 23.04%
December 31, 2022 27.09%
September 30, 2022 17.33%
June 30, 2022 20.29%
March 31, 2022 12.82%
December 31, 2021 26.34%
September 30, 2021 3.60%
June 30, 2021 26.08%
Date Value
March 31, 2021 25.16%
December 31, 2020 16.96%
September 30, 2020 6.90%
June 30, 2020 21.04%
March 31, 2020 21.64%
December 31, 2019 17.49%
September 30, 2019 14.34%
June 30, 2019 17.27%
March 31, 2019 18.01%
December 31, 2018 18.24%
September 30, 2018 20.35%
June 30, 2018 20.74%
March 31, 2018 20.93%

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

3.60%
Minimum
Sep 2021
46.09%
Maximum
Dec 2023
22.66%
Average
23.04%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

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