Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.04%
March 31, 2024 27.31%
December 31, 2023 25.50%
September 30, 2023 27.05%
June 30, 2023 27.07%
March 31, 2023 28.83%
December 31, 2022 25.85%
September 30, 2022 27.56%
June 30, 2022 26.03%
Date Value
March 31, 2022 27.56%
December 31, 2021 25.01%
September 30, 2021 27.49%
June 30, 2021 26.27%
March 31, 2021 25.04%
December 31, 2020 22.97%
September 30, 2020 25.70%
June 30, 2020 24.10%
March 31, 2020 26.09%

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

22.97%
Minimum
Dec 2020
28.83%
Maximum
Mar 2023
26.25%
Average
26.18%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics