Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.86%
March 31, 2024 30.68%
December 31, 2023 17.99%
September 30, 2023 26.97%
June 30, 2023 23.64%
March 31, 2023 29.43%
December 31, 2022 19.02%
September 30, 2022 23.70%
June 30, 2022 24.41%
March 31, 2022 36.18%
December 31, 2021 22.56%
September 30, 2021 24.88%
Date Value
June 30, 2021 24.64%
March 31, 2021 41.05%
December 31, 2020 19.92%
September 30, 2020 23.59%
June 30, 2020 21.09%
March 31, 2020 35.74%
December 31, 2019 15.21%
September 30, 2019 28.25%
June 30, 2019 27.42%
March 31, 2019 44.36%
December 31, 2018 33.00%
September 30, 2018 31.44%

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

15.21%
Minimum
Dec 2019
41.05%
Maximum
Mar 2021
25.71%
Average
24.41%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

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