Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 26.63%
June 30, 2024 27.79%
March 31, 2024 26.09%
December 31, 2023 23.27%
September 30, 2023 28.42%
June 30, 2023 28.51%
March 31, 2023 23.19%
December 31, 2022 26.93%
September 30, 2022 25.45%
Date Value
June 30, 2022 24.15%
March 31, 2022 20.37%
December 31, 2021 24.46%
September 30, 2021 30.06%
June 30, 2021 36.95%
March 31, 2021 32.67%
December 31, 2020 28.75%
September 30, 2020 39.41%

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

20.37%
Minimum
Mar 2022
39.41%
Maximum
Sep 2020
27.83%
Average
26.93%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks