Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 21.14%
December 31, 2023 24.18%
September 30, 2023 22.03%
June 30, 2023 22.42%
March 31, 2023 22.33%
December 31, 2022 25.33%
September 30, 2022 23.74%
June 30, 2022 24.97%
March 31, 2022 23.86%
December 31, 2021 24.32%
September 30, 2021 24.05%
June 30, 2021 26.11%
Date Value
March 31, 2021 26.49%
December 31, 2020 24.92%
September 30, 2020 26.36%
June 30, 2020 25.42%
March 31, 2020 24.64%
December 31, 2019 24.66%
September 30, 2019 23.19%
June 30, 2019 23.41%
March 31, 2019 22.57%
December 31, 2018 17.79%
September 30, 2018 23.74%

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

21.14%
Minimum
Mar 2024
26.49%
Maximum
Mar 2021
24.18%
Average
24.25%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics