Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 61.13%
March 31, 2024 66.49%
December 31, 2023 60.31%
September 30, 2023 60.16%
June 30, 2023 60.10%
March 31, 2023 65.12%
December 31, 2022 59.44%
September 30, 2022 62.68%
June 30, 2022 63.35%
March 31, 2022 67.03%
December 31, 2021 59.60%
September 30, 2021 60.38%
June 30, 2021 61.21%
Date Value
March 31, 2021 67.92%
December 31, 2020 63.38%
September 30, 2020 63.71%
June 30, 2020 61.09%
March 31, 2020 67.22%
December 31, 2019 61.58%
September 30, 2019 57.74%
June 30, 2019 53.90%
March 31, 2019 62.40%
December 31, 2018 50.12%
September 30, 2018 47.86%
June 30, 2018 48.59%
March 31, 2018 54.02%

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

59.44%
Minimum
Dec 2022
67.92%
Maximum
Mar 2021
62.73%
Average
61.58%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics