Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 12.10%
March 31, 2024 46.70%
December 31, 2023 15.79%
September 30, 2023 14.53%
June 30, 2023 0.52%
March 31, 2023 37.95%
December 31, 2022 23.68%
Date Value
September 30, 2022 44.86%
June 30, 2022 36.74%
March 31, 2022 50.72%
December 31, 2021 37.02%
September 30, 2021 47.47%
June 30, 2021 34.14%
December 31, 2020 32.37%

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

0.52%
Minimum
Jun 2023
50.72%
Maximum
Mar 2022
31.04%
Average
35.44%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics