Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 60.85%
June 30, 2024 60.78%
March 31, 2024 59.90%
December 31, 2023 58.71%
September 30, 2023 58.54%
June 30, 2023 57.62%
March 31, 2023 54.94%
December 31, 2022 54.70%
September 30, 2022 54.68%
Date Value
June 30, 2022 53.14%
March 31, 2022 50.10%
December 31, 2021 51.09%
September 30, 2021 50.42%
June 30, 2021 48.47%
March 31, 2021 45.77%
December 31, 2020 47.02%
September 30, 2020 43.17%

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

43.17%
Minimum
Sep 2020
60.85%
Maximum
Sep 2024
53.52%
Average
54.68%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks