Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.96%
March 31, 2024 42.52%
December 31, 2023 66.97%
September 30, 2023 -25.41%
June 30, 2023 -131.3%
March 31, 2023 56.91%
December 31, 2022 62.75%
September 30, 2022 65.84%
Date Value
June 30, 2022 69.75%
March 31, 2022 82.88%
December 31, 2021 86.30%
September 30, 2021 85.05%
June 30, 2021 82.21%
March 31, 2021 88.93%
December 31, 2020 96.51%

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

-131.3%
Minimum
Jun 2023
96.51%
Maximum
Dec 2020
51.86%
Average
66.97%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Eli Lilly and Co 81.02%
Merck & Co Inc 75.51%
Pfizer Inc 70.27%
Novavax Inc 88.87%
Amgen Inc 61.07%

Gross Profit Margin (Quarterly) Related Metrics