Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.49%
March 31, 2024 18.08%
December 31, 2023 16.19%
September 30, 2023 18.98%
June 30, 2023 20.38%
March 31, 2023 13.54%
December 31, 2022 10.81%
September 30, 2022 16.07%
Date Value
June 30, 2022 18.53%
March 31, 2022 13.05%
December 31, 2021 12.80%
September 30, 2021 13.70%
June 30, 2021 14.89%
March 31, 2021 3.42%
December 31, 2020 -3.98%
September 30, 2020 -8.47%

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

-8.47%
Minimum
Sep 2020
22.49%
Maximum
Jun 2024
12.53%
Average
14.30%
Median

Gross Profit Margin (Quarterly) Benchmarks

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