Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 67.63%
March 31, 2024 63.02%
December 31, 2023 64.47%
September 30, 2023 57.98%
June 30, 2023 49.85%
March 31, 2023 40.41%
December 31, 2022 44.12%
September 30, 2022 44.88%
June 30, 2022 49.81%
March 31, 2022 56.69%
Date Value
December 31, 2021 62.10%
September 30, 2021 61.69%
June 30, 2021 65.22%
March 31, 2021 45.30%
December 31, 2020 71.36%
September 30, 2020 72.83%
June 30, 2020 69.64%
March 31, 2020 65.77%
December 31, 2019 66.71%
September 30, 2019 60.13%

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

40.41%
Minimum
Mar 2023
72.83%
Maximum
Sep 2020
58.92%
Average
62.10%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

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