Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 25.50%
March 31, 2024 25.49%
December 31, 2023 23.08%
September 30, 2023 20.46%
June 30, 2023 22.39%
March 31, 2023 17.03%
December 31, 2022 18.12%
September 30, 2022 21.83%
June 30, 2022 19.26%
March 31, 2022 19.43%
December 31, 2021 -19.85%
Date Value
September 30, 2021 12.40%
June 30, 2021 -30.83%
March 31, 2021 -34.90%
December 31, 2020 -33.89%
September 30, 2020 -151.9%
June 30, 2020 -74.96%
March 31, 2020 -74.92%
December 31, 2019 14.66%
September 30, 2019 48.43%
June 30, 2019 99.85%
March 31, 2019 99.60%

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

-151.9%
Minimum
Sep 2020
25.50%
Maximum
Jun 2024
-9.56%
Average
17.03%
Median
Mar 2023

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