Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.12%
March 31, 2024 14.31%
December 31, 2023 0.43%
September 30, 2023 -171.9%
June 30, 2023 -6.05%
March 31, 2023 3.94%
December 31, 2022 30.79%
September 30, 2022 49.70%
June 30, 2022 53.51%
March 31, 2022 62.26%
Date Value
December 31, 2021 63.32%
September 30, 2021 61.01%
June 30, 2021 51.32%
March 31, 2021 42.17%
December 31, 2020 35.08%
September 30, 2020 22.44%
June 30, 2020 12.90%
March 31, 2020 7.02%
December 31, 2019 9.31%
September 30, 2019 8.95%

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

-171.9%
Minimum
Sep 2023
63.32%
Maximum
Dec 2021
19.41%
Average
27.12%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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