Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

View and export this data back to 2022. Upgrade now.
Date Value
June 30, 2024 59.48%
March 31, 2024 56.35%
December 31, 2023 61.03%
September 30, 2023 65.40%
June 30, 2023 61.72%
Date Value
March 31, 2023 59.50%
December 31, 2022 61.70%
September 30, 2022 64.01%
June 30, 2022 62.80%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

56.35%
Minimum
Mar 2024
65.40%
Maximum
Sep 2023
61.33%
Average
61.70%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks