Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 18.34%
March 31, 2024 16.30%
December 31, 2023 15.17%
September 30, 2023 19.75%
June 30, 2023 23.87%
March 31, 2023 24.92%
December 31, 2022 25.43%
September 30, 2022 15.82%
June 30, 2022 4.39%
Date Value
March 31, 2022 -1.95%
December 31, 2021 -43.14%
September 30, 2021 -5.22%
June 30, 2021 4.40%
March 31, 2021 19.06%
December 31, 2020 8.87%
September 30, 2020 22.05%
June 30, 2020 17.76%
March 31, 2020 17.41%

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

-43.14%
Minimum
Dec 2021
25.43%
Maximum
Dec 2022
11.29%
Average
16.85%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics