Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 35.23%
March 31, 2023 34.44%
December 31, 2022 31.38%
September 30, 2022 31.09%
June 30, 2022 33.69%
March 31, 2022 36.10%
December 31, 2021 33.94%
September 30, 2021 33.08%
Date Value
December 31, 2020 28.38%
September 30, 2020 13.63%
December 31, 2019 29.89%
September 30, 2019 37.79%
December 31, 2018 38.28%
September 30, 2018 37.68%
December 31, 2017 50.65%
September 30, 2017 40.98%

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

13.63%
Minimum
Sep 2020
37.79%
Maximum
Sep 2019
31.55%
Average
33.39%
Median

Gross Profit Margin (Quarterly) Benchmarks