Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 38.03%
September 30, 2023 38.50%
June 30, 2023 34.11%
March 31, 2023 28.64%
December 31, 2022 22.00%
September 30, 2022 23.59%
June 30, 2022 32.00%
March 31, 2022 30.90%
December 31, 2021 34.12%
September 30, 2021 32.44%
June 30, 2021 32.63%
Date Value
March 31, 2021 33.38%
December 31, 2020 34.38%
September 30, 2020 34.20%
June 30, 2020 33.58%
March 31, 2020 32.32%
December 31, 2019 30.89%
September 30, 2019 32.23%
June 30, 2019 34.07%
March 31, 2019 30.65%
December 31, 2018 29.76%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

22.00%
Minimum
Dec 2022
38.50%
Maximum
Sep 2023
32.21%
Average
32.63%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks