Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 16.86%
December 31, 2023 -15.44%
March 31, 2023 -553.1%
Date Value
December 31, 2022 -2.21%
March 31, 2022 -8.74%
December 31, 2021 25.11%

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

-553.1%
Minimum
Mar 2023
25.11%
Maximum
Dec 2021
-89.59%
Average
-5.48%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics