Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 16.57%
June 30, 2024 16.16%
March 31, 2024 12.45%
December 31, 2023 14.52%
September 30, 2023 15.01%
June 30, 2023 15.31%
Date Value
March 31, 2023 13.63%
December 31, 2022 12.74%
September 30, 2022 12.20%
June 30, 2022 11.11%
March 31, 2022 8.58%

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

8.58%
Minimum
Mar 2022
16.57%
Maximum
Sep 2024
13.48%
Average
13.63%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics