Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 70.96%
December 31, 2023 79.76%
September 30, 2023 67.98%
June 30, 2023 79.55%
March 31, 2023 57.99%
Date Value
December 31, 2022 34.68%
September 30, 2022 71.75%
June 30, 2022
March 31, 2022 56.56%

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

34.68%
Minimum
Dec 2022
79.76%
Maximum
Dec 2023
64.90%
Average
69.47%
Median

Gross Profit Margin (Quarterly) Related Metrics