Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 58.70%
March 31, 2024 56.21%
December 31, 2023 49.24%
September 30, 2023 50.20%
June 30, 2023 50.04%
March 31, 2023 49.46%
December 31, 2022 37.31%
September 30, 2022 36.72%
June 30, 2022 33.35%
Date Value
March 31, 2022 29.74%
December 31, 2021 54.76%
September 30, 2021 60.90%
June 30, 2021 -581.4%
March 31, 2021 55.66%
December 31, 2020 -24.59%
September 30, 2020 18.19%
June 30, 2020 20.32%

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

-581.4%
Minimum
Jun 2021
60.90%
Maximum
Sep 2021
3.22%
Average
49.24%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks