Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 11.02%
March 31, 2024 8.94%
December 31, 2023 10.10%
September 30, 2023 13.87%
June 30, 2023 22.70%
March 31, 2023 13.77%
Date Value
December 31, 2022 17.98%
September 30, 2022 25.53%
June 30, 2022 24.50%
March 31, 2022 18.07%
December 31, 2021 25.95%
June 30, 2020 30.11%

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

8.94%
Minimum
Mar 2024
30.11%
Maximum
Jun 2020
18.55%
Average
18.02%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics