Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 2.96%
March 31, 2024 58.52%
December 31, 2023 20.23%
September 30, 2023 15.86%
June 30, 2023 35.52%
March 31, 2023 14.59%
Date Value
December 31, 2022 16.57%
September 30, 2022 15.99%
June 30, 2022 14.66%
March 31, 2022 13.11%
September 30, 2021 14.92%

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

2.96%
Minimum
Jun 2024
58.52%
Maximum
Mar 2024
20.27%
Average
15.86%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics