Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.87%
March 31, 2024 24.80%
December 31, 2023 19.85%
September 30, 2023 31.88%
June 30, 2023 32.85%
March 31, 2023 24.06%
Date Value
September 30, 2022 13.75%
June 30, 2022 16.21%
December 31, 2021 13.45%
September 30, 2021 0.45%
June 30, 2021 -30.14%

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

-30.14%
Minimum
Jun 2021
32.85%
Maximum
Jun 2023
16.09%
Average
19.85%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics