Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 21.38%
March 31, 2024 19.67%
December 31, 2023 9.56%
September 30, 2023 15.95%
June 30, 2023 17.73%
March 31, 2023 13.45%
December 31, 2022 11.91%
September 30, 2022 21.31%
June 30, 2022 12.42%
Date Value
March 31, 2022 3.10%
December 31, 2021 13.39%
September 30, 2021 2.57%
June 30, 2021 18.78%
March 31, 2021 21.72%
December 31, 2020 32.90%
September 30, 2020 11.59%
June 30, 2020 21.45%
March 31, 2020 34.22%

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

2.57%
Minimum
Sep 2021
34.22%
Maximum
Mar 2020
16.84%
Average
16.84%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics