Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 38.95%
September 30, 2023 2.40%
June 30, 2023 -7.04%
March 31, 2023 40.98%
December 31, 2022 17.89%
Date Value
September 30, 2022 49.04%
June 30, 2022 36.72%
March 31, 2022 41.01%
December 31, 2021 1.93%
September 30, 2021 26.30%

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

-7.04%
Minimum
Jun 2023
49.04%
Maximum
Sep 2022
24.82%
Average
31.51%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics