Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 53.97%
March 31, 2024 50.83%
December 31, 2023 49.87%
September 30, 2023 53.48%
June 30, 2023 46.20%
March 31, 2023 49.87%
December 31, 2022 44.72%
September 30, 2022 50.58%
June 30, 2022 49.16%
March 31, 2022 15.91%
Date Value
December 31, 2021 15.78%
September 30, 2021 38.26%
June 30, 2021 48.58%
March 31, 2021 42.58%
December 31, 2020 42.70%
September 30, 2020 39.79%
June 30, 2020 29.39%
March 31, 2020 27.05%
December 31, 2019 -7.05%
September 30, 2019 -97.10%

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

-7.05%
Minimum
Dec 2019
53.97%
Maximum
Jun 2024
39.04%
Average
44.72%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

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