Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 6.38%
March 31, 2024 6.59%
December 31, 2023 4.84%
June 30, 2023 6.10%
March 31, 2023 2.27%
December 31, 2022 0.60%
September 30, 2022 1.30%
June 30, 2022 1.08%
March 31, 2022 0.22%
December 31, 2021 4.11%
September 30, 2021 4.23%
June 30, 2021 4.01%
March 31, 2021 4.59%
December 31, 2020 2.94%
Date Value
September 30, 2020 -22.42%
June 30, 2020 -28.42%
December 31, 2019 68.80%
September 30, 2019 55.23%
June 30, 2019 53.35%
March 31, 2019 70.48%
December 31, 2018 61.53%
September 30, 2018 45.81%
June 30, 2018 41.97%
March 31, 2018 65.77%
December 31, 2017 56.53%
September 30, 2017 63.84%
June 30, 2017 55.83%
March 31, 2017 57.94%

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

-28.42%
Minimum
Jun 2020
68.80%
Maximum
Dec 2019
3.96%
Average
4.01%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics