Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 19.82%
March 31, 2024 40.27%
December 31, 2023 2.92%
September 30, 2023 17.67%
June 30, 2023 29.60%
March 31, 2023 64.49%
December 31, 2022 23.43%
September 30, 2022 17.58%
Date Value
June 30, 2022 49.92%
March 31, 2022 53.63%
December 31, 2021 46.75%
September 30, 2021 48.53%
June 30, 2021 58.98%
March 31, 2021 33.30%
December 31, 2020 41.09%

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

2.92%
Minimum
Dec 2023
64.49%
Maximum
Mar 2023
36.53%
Average
40.27%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

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