Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 60.79%
March 31, 2024 61.20%
December 31, 2023 69.31%
September 30, 2023 72.81%
June 30, 2023 68.46%
Date Value
March 31, 2023 67.99%
December 31, 2022 66.46%
September 30, 2022 72.58%
March 31, 2022 63.55%

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

60.79%
Minimum
Jun 2024
72.81%
Maximum
Sep 2023
67.02%
Average
67.99%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics