Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 16.45%
December 31, 2023 17.51%
September 30, 2023 15.98%
June 30, 2023 16.04%
March 31, 2023 14.79%
Date Value
December 31, 2022 16.44%
September 30, 2022 16.04%
June 30, 2022 17.65%
March 31, 2022 18.46%

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

14.79%
Minimum
Mar 2023
18.46%
Maximum
Mar 2022
16.60%
Average
16.44%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics