Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 75.72%
September 30, 2023 73.43%
Date Value
December 31, 2022 76.22%
September 30, 2022 72.60%

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

72.60%
Minimum
Sep 2022
76.22%
Maximum
Dec 2022
74.49%
Average
74.57%
Median

Gross Profit Margin (Quarterly) Benchmarks

Amazon.com Inc 17.22%
Etsy Inc 69.64%
Hasbro Inc 45.19%
Urban Outfitters Inc 29.21%
Tesla Inc 17.63%

Gross Profit Margin (Quarterly) Related Metrics