Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 26.42%
September 30, 2023 25.97%
June 30, 2023 27.66%
March 31, 2023 26.33%
Date Value
December 31, 2022 21.47%
September 30, 2022 24.85%
June 30, 2022 24.26%
March 31, 2022 21.28%

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

21.28%
Minimum
Mar 2022
27.66%
Maximum
Jun 2023
24.78%
Average
25.41%
Median

Gross Profit Margin (Quarterly) Related Metrics