Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 39.04%
September 30, 2023 39.45%
June 30, 2023 40.25%
March 31, 2023 40.39%
December 31, 2022 38.34%
September 30, 2022 38.00%
June 30, 2022 36.17%
March 31, 2022 41.26%
December 31, 2021 46.28%
September 30, 2021 49.68%
June 30, 2021 46.58%
March 31, 2021 41.10%
Date Value
December 31, 2020 54.47%
September 30, 2020 53.86%
June 30, 2020 51.70%
March 31, 2020 54.09%
December 31, 2019 73.31%
September 30, 2019 51.22%
June 30, 2019 45.04%
March 31, 2019 45.76%
December 31, 2018 63.59%
September 30, 2018 48.71%
June 30, 2018 51.52%
March 31, 2018 55.26%

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

36.17%
Minimum
Jun 2022
73.31%
Maximum
Dec 2019
46.33%
Average
45.04%
Median
Jun 2019

Gross Profit Margin (Quarterly) Benchmarks

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