Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.90%
March 31, 2024 57.77%
December 31, 2023 61.37%
September 30, 2023 61.58%
June 30, 2023 58.88%
March 31, 2023 60.46%
December 31, 2022 63.29%
September 30, 2022 63.39%
June 30, 2022 61.13%
Date Value
March 31, 2022 61.55%
December 31, 2021 65.51%
September 30, 2021 57.67%
June 30, 2021 59.42%
March 31, 2021 57.44%
December 31, 2020 59.40%
September 30, 2020 59.41%
June 30, 2020 58.77%
March 31, 2020 59.93%

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

55.90%
Minimum
Jun 2024
65.51%
Maximum
Dec 2021
60.16%
Average
59.68%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics