Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.22%
March 31, 2024 19.20%
December 31, 2023 20.21%
September 30, 2023 19.12%
June 30, 2023 19.22%
Date Value
March 31, 2023 18.15%
December 31, 2022 19.75%
September 30, 2022 19.57%
June 30, 2022 21.54%
March 31, 2022 22.58%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

18.15%
Minimum
Mar 2023
22.58%
Maximum
Mar 2022
19.96%
Average
19.66%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics