Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 10.36%
June 30, 2024 10.11%
March 31, 2024 9.84%
December 31, 2023 8.86%
September 30, 2023 10.00%
June 30, 2023 10.02%
March 31, 2023 10.17%
December 31, 2022 10.07%
September 30, 2022 9.88%
June 30, 2022 10.09%
Date Value
March 31, 2022 9.67%
December 31, 2021 9.04%
September 30, 2021 10.40%
June 30, 2021 -5.72%
March 31, 2021 11.95%
December 31, 2020 10.95%
September 30, 2020 10.38%
June 30, 2020 9.50%
March 31, 2020 9.52%

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

-5.72%
Minimum
Jun 2021
11.95%
Maximum
Mar 2021
9.22%
Average
10.02%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks