Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 15.58%
September 30, 2023 4.47%
June 30, 2023 28.82%
March 31, 2023 31.59%
Date Value
December 31, 2022 46.63%
September 30, 2022 30.89%
June 30, 2022 -172.2%
March 31, 2022 -1.01K%

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

-1.01K%
Minimum
Mar 2022
46.63%
Maximum
Dec 2022
-127.7%
Average
22.20%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics