Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 64.55%
June 30, 2024 61.16%
March 31, 2024 63.37%
December 31, 2023 62.81%
September 30, 2023 64.36%
June 30, 2023 61.77%
March 31, 2023 60.04%
December 31, 2022 61.60%
September 30, 2022 60.39%
June 30, 2022 60.81%
March 31, 2022 62.75%
December 31, 2021 64.02%
Date Value
September 30, 2021 65.09%
June 30, 2021 66.52%
March 31, 2021 65.33%
December 31, 2020 75.69%
September 30, 2020 64.04%
June 30, 2020 63.17%
March 31, 2020 64.15%
December 31, 2019 61.14%
September 30, 2019 57.77%
June 30, 2019 58.74%
March 31, 2019 56.32%

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

60.04%
Minimum
Mar 2023
75.69%
Maximum
Dec 2020
63.64%
Average
63.27%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics