Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

View and export this data back to 2019. Upgrade now.
Date Value
December 31, 2023 70.17%
September 30, 2023 67.58%
June 30, 2023 66.88%
March 31, 2023 66.86%
December 31, 2022 66.07%
September 30, 2022 65.59%
June 30, 2022 65.87%
March 31, 2022 66.25%
December 31, 2021 65.48%
September 30, 2021 64.96%
Date Value
June 30, 2021 65.15%
March 31, 2021 64.98%
December 31, 2020 64.95%
September 30, 2020 64.58%
June 30, 2020 64.86%
March 31, 2020 64.67%
December 31, 2019 65.44%
September 30, 2019 63.43%
June 30, 2019 62.84%
March 31, 2019 62.62%

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

62.84%
Minimum
Jun 2019
70.17%
Maximum
Dec 2023
65.61%
Average
65.44%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics