Shopify Inc (SHOP)
43.30
-1.38 (-3.09%)
USD |
NYSE |
Mar 20, 11:41
Shopify Gross Profit Margin (Quarterly): 46.02% for Dec. 31, 2022
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2022 | 46.02% |
| September 30, 2022 | 48.48% |
| June 30, 2022 | 50.63% |
| March 31, 2022 | 52.98% |
| December 31, 2021 | 50.19% |
| September 30, 2021 | 54.19% |
| June 30, 2021 | 55.46% |
| March 31, 2021 | 56.51% |
| December 31, 2020 | 51.59% |
| September 30, 2020 | 52.79% |
| June 30, 2020 | 52.50% |
| March 31, 2020 | 54.67% |
| December 31, 2019 | 52.24% |
| September 30, 2019 | 55.48% |
| June 30, 2019 | 56.57% |
| March 31, 2019 | 56.26% |
| December 31, 2018 | 54.02% |
| September 30, 2018 | 55.44% |
| Date | Value |
|---|---|
| June 30, 2018 | 55.91% |
| March 31, 2018 | 57.78% |
| December 31, 2017 | 54.37% |
| September 30, 2017 | 58.34% |
| June 30, 2017 | 57.26% |
| March 31, 2017 | 56.71% |
| December 31, 2016 | 52.26% |
| September 30, 2016 | 53.98% |
| June 30, 2016 | 54.85% |
| March 31, 2016 | 55.12% |
| December 31, 2015 | 53.72% |
| September 30, 2015 | 54.45% |
| June 30, 2015 | 56.21% |
| March 31, 2015 | 57.74% |
| December 31, 2014 | 55.75% |
| September 30, 2014 | 59.38% |
| June 30, 2014 | 60.45% |
| March 31, 2014 | 61.82% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
46.02%
Minimum
Dec 2022
57.78%
Maximum
Mar 2018
53.49%
Average
54.10%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Microsoft Corp | 66.85% |
| Zoom Video Communications Inc | 73.67% |
| Datadog Inc | 79.39% |
| Salesforce Inc | 74.95% |
| BigCommerce Holdings Inc | 74.47% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -37.15% |
| Return on Assets | -29.89% |
| Return on Invested Capital | -33.84% |
| Profit Margin (Quarterly) | -35.95% |
| Operating Margin (Quarterly) | -10.88% |
| Return on Net Operating Assets | -143.5% |