Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 32.95%
September 30, 2023 35.07%
June 30, 2023 33.98%
March 31, 2023 30.24%
December 31, 2022 27.41%
Date Value
September 30, 2022 30.86%
June 30, 2022 29.17%
March 31, 2022 27.15%
December 31, 2021 25.23%

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

25.23%
Minimum
Dec 2021
35.07%
Maximum
Sep 2023
30.23%
Average
30.24%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks