Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 18.66%
June 30, 2024 18.39%
March 31, 2024 30.32%
December 31, 2023 20.82%
September 30, 2023 21.58%
June 30, 2023 27.59%
March 31, 2023 31.38%
December 31, 2022 19.99%
September 30, 2022 20.95%
June 30, 2022 14.73%
March 31, 2022 23.67%
Date Value
December 31, 2021 21.70%
September 30, 2021 26.12%
June 30, 2021 21.81%
March 31, 2021 13.97%
December 31, 2020 12.19%
September 30, 2020 -13.68%
June 30, 2020 -63.89%
March 31, 2020 21.20%
December 31, 2019 22.81%
March 31, 2018 27.97%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-63.89%
Minimum
Jun 2020
31.38%
Maximum
Mar 2023
15.52%
Average
21.08%
Median

Gross Profit Margin (Quarterly) Benchmarks