Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 35.87%
September 30, 2023 42.57%
June 30, 2023 68.90%
March 31, 2023 60.14%
December 31, 2022 19.01%
September 30, 2022 28.98%
June 30, 2022 35.44%
Date Value
March 31, 2022 60.24%
December 31, 2021 40.19%
September 30, 2021 34.98%
June 30, 2021 32.43%
March 31, 2021 51.11%
December 31, 2020 38.98%
September 30, 2020 -17.25%

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

-17.25%
Minimum
Sep 2020
68.90%
Maximum
Jun 2023
37.97%
Average
37.43%
Median

Gross Profit Margin (Quarterly) Related Metrics