Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 28.28%
December 31, 2023 22.87%
September 30, 2023 9.63%
June 30, 2023
March 31, 2023 35.95%
December 31, 2022 18.97%
September 30, 2022
June 30, 2022
March 31, 2022 34.78%
December 31, 2021
Date Value
September 30, 2021 41.67%
June 30, 2021
March 31, 2021
December 31, 2020 21.02%
September 30, 2020 42.13%
June 30, 2020
March 31, 2020
December 31, 2019 48.32%
September 30, 2019 94.64%

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

9.63%
Minimum
Sep 2023
48.32%
Maximum
Dec 2019
30.36%
Average
31.53%
Median

Gross Profit Margin (Quarterly) Benchmarks