Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 58.24%
June 30, 2024 63.09%
March 31, 2024 62.11%
December 31, 2023 62.47%
September 30, 2023 61.16%
June 30, 2023 64.18%
March 31, 2023 60.67%
December 31, 2022 61.33%
September 30, 2022 61.72%
Date Value
June 30, 2022 64.77%
March 31, 2022 62.92%
December 31, 2021 65.19%
September 30, 2021 67.07%
June 30, 2021 67.90%
March 31, 2021 66.39%
December 31, 2020 66.65%
September 30, 2020 62.11%

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

58.24%
Minimum
Sep 2024
67.90%
Maximum
Jun 2021
63.41%
Average
62.92%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics