Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 6.27%
September 30, 2023 0.96%
June 30, 2023 -3.71%
March 31, 2023 2.55%
Date Value
December 31, 2022 5.23%
September 30, 2022 5.28%
June 30, 2022 5.59%

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

View Gross Profit Margin (Quarterly) Range, Past 5 Years
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Median

Gross Profit Margin (Quarterly) Benchmarks

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Rhelion Life Sciences Corp. 40.14%
Global Hemp Group, Inc. --
High Liner Foods, Inc. 17.76%
Saputo, Inc. 16.78%
GLG Life Tech Corp. 21.45%