Profit Margin (Quarterly) Chart

Historical Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.15%
March 31, 2024 2.06%
Date Value
December 31, 2023 20.62%

Profit Margin Definition

Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.

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Profit Margin (Quarterly) Range, Past 5 Years

2.06%
Minimum
Mar 2024
22.15%
Maximum
Jun 2024
14.94%
Average
20.62%
Median
Dec 2023

Profit Margin (Quarterly) Benchmarks