Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 25.34%
March 31, 2024 19.60%
December 31, 2023 8.99%
September 30, 2023 11.77%
June 30, 2023 12.31%
March 31, 2023 11.45%
December 31, 2022 2.68%
Date Value
September 30, 2022 8.93%
June 30, 2022 10.88%
March 31, 2022 14.66%
December 31, 2021 25.86%
September 30, 2021 28.48%
June 30, 2021 30.02%
March 31, 2021 27.00%

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

2.68%
Minimum
Dec 2022
30.02%
Maximum
Jun 2021
17.00%
Average
13.49%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics