Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 54.17%
March 31, 2024 54.04%
December 31, 2023 54.75%
September 30, 2023 54.60%
June 30, 2023 55.26%
March 31, 2023 54.90%
December 31, 2022 56.95%
September 30, 2022 56.65%
June 30, 2022 54.67%
March 31, 2022 52.61%
December 31, 2021 51.95%
September 30, 2021 63.27%
June 30, 2021 66.43%
Date Value
March 31, 2021 65.46%
December 31, 2020 63.27%
September 30, 2020 68.63%
June 30, 2020 49.54%
March 31, 2020 59.58%
December 31, 2019 62.95%
September 30, 2019 63.20%
June 30, 2019 64.49%
March 31, 2019 68.16%
December 31, 2018 66.05%
September 30, 2018 69.35%
June 30, 2018 70.42%
March 31, 2018 71.72%

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

49.54%
Minimum
Jun 2020
68.63%
Maximum
Sep 2020
57.88%
Average
55.26%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics