Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 20.10%
September 30, 2023 29.92%
June 30, 2023 28.25%
March 31, 2023 24.80%
December 31, 2022 22.49%
Date Value
September 30, 2022 29.99%
June 30, 2022 25.94%
March 31, 2022 34.41%
December 31, 2021 33.42%
September 30, 2021 36.76%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

20.10%
Minimum
Dec 2023
36.76%
Maximum
Sep 2021
28.61%
Average
29.08%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics