Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 15.20%
March 31, 2024 26.59%
December 31, 2023
September 30, 2023 -1.74%
June 30, 2023 -5.27%
March 31, 2023 9.71%
December 31, 2022 14.51%
Date Value
September 30, 2022 29.58%
June 30, 2022 21.68%
March 31, 2022 17.88%
December 31, 2021 -31.38%
September 30, 2021 -8.84%
June 30, 2021 -24.35%
March 31, 2021 10.99%

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

-31.38%
Minimum
Dec 2021
29.58%
Maximum
Sep 2022
5.74%
Average
10.99%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics