Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 54.60%
March 31, 2024 60.77%
December 31, 2023 53.60%
September 30, 2023 52.42%
June 30, 2023 61.68%
March 31, 2023 64.85%
December 31, 2022 69.70%
September 30, 2022 59.31%
June 30, 2022 48.37%
March 31, 2022 3.30%
December 31, 2021 -12.00%
September 30, 2021 -19.68%
June 30, 2021 -13.18%
March 31, 2021 -7.81%
December 31, 2020 -8.40%
September 30, 2020 37.12%
June 30, 2020 56.25%
March 31, 2020 46.49%
December 31, 2019 43.67%
Date Value
September 30, 2019 2.97%
June 30, 2019 -0.16%
March 31, 2019 26.87%
December 31, 2018 26.99%
September 30, 2018 -21.72%
June 30, 2018 -15.89%
March 31, 2018 -27.13%
December 31, 2017 0.13%
September 30, 2017 -18.50%
June 30, 2017 5.24%
March 31, 2017 23.03%
December 31, 2016 17.27%
September 30, 2016 14.58%
June 30, 2016 36.81%
March 31, 2016 47.62%
December 31, 2015 39.14%
September 30, 2015 47.22%
June 30, 2015 45.93%
March 31, 2015 38.81%

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

-19.68%
Minimum
Sep 2021
69.70%
Maximum
Dec 2022
34.27%
Average
48.37%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

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