Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 40.56%
September 30, 2023 31.19%
June 30, 2023 40.76%
March 31, 2023 23.77%
December 31, 2022 29.59%
September 30, 2022 38.26%
June 30, 2022 34.73%
Date Value
March 31, 2022 8.16%
December 31, 2021 23.78%
September 30, 2021 22.31%
June 30, 2021 7.46%
March 31, 2021 -24.23%
December 31, 2020 -30.50%
September 30, 2020 7.42%

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

-30.50%
Minimum
Dec 2020
40.76%
Maximum
Jun 2023
18.09%
Average
23.78%
Median

Gross Profit Margin (Quarterly) Benchmarks