Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 44.36%
June 30, 2024 50.51%
March 31, 2024 46.93%
December 31, 2023 38.03%
September 30, 2023 43.49%
June 30, 2023 42.78%
March 31, 2023 40.14%
December 31, 2022 43.13%
September 30, 2022 44.78%
Date Value
June 30, 2022 36.06%
March 31, 2022 51.95%
December 31, 2021 50.17%
September 30, 2021 54.11%
June 30, 2021 56.14%
March 31, 2021 52.03%
December 31, 2020 49.73%
September 30, 2020 52.93%

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

36.06%
Minimum
Jun 2022
56.14%
Maximum
Jun 2021
46.90%
Average
46.93%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics