Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 14.00%
March 31, 2024 12.89%
December 31, 2023 6.20%
September 30, 2023 -2.67%
June 30, 2023 -3.90%
March 31, 2023 1.66%
December 31, 2022 8.66%
September 30, 2022 13.53%
June 30, 2022 10.88%
March 31, 2022 12.22%
Date Value
December 31, 2021 11.96%
September 30, 2021 14.35%
June 30, 2021 11.93%
March 31, 2021 11.18%
December 31, 2020 7.38%
September 30, 2020 4.60%
June 30, 2020 -2.75%
March 31, 2020 -4.82%
December 31, 2019 -6.57%
September 30, 2019 -10.07%

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

-6.57%
Minimum
Dec 2019
14.35%
Maximum
Sep 2021
6.35%
Average
8.66%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

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