Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 13.70%
March 31, 2024 10.41%
December 31, 2023 19.03%
September 30, 2023 15.00%
June 30, 2023 16.97%
March 31, 2023 16.06%
December 31, 2022 17.06%
September 30, 2022 15.03%
Date Value
June 30, 2022 17.97%
March 31, 2022 17.56%
December 31, 2021 18.77%
September 30, 2021 8.56%
June 30, 2021 -0.26%
March 31, 2021 15.08%
December 31, 2020 -10.19%

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

-10.19%
Minimum
Dec 2020
19.03%
Maximum
Dec 2023
12.72%
Average
15.08%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics