Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 76.31%
March 31, 2024 82.03%
December 31, 2023 75.49%
September 30, 2023 53.20%
June 30, 2023 56.41%
March 31, 2023 84.75%
Date Value
September 30, 2022
June 30, 2022 45.62%
March 31, 2022 23.51%
December 31, 2021 44.47%
September 30, 2021 14.58%

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

14.58%
Minimum
Sep 2021
84.75%
Maximum
Mar 2023
55.64%
Average
54.80%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics