Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 25.69%
June 30, 2024 26.71%
March 31, 2024 25.24%
December 31, 2023 22.50%
September 30, 2023 25.34%
June 30, 2023 26.28%
Date Value
March 31, 2023 24.90%
December 31, 2022 18.34%
September 30, 2022 18.96%
June 30, 2022 18.84%
December 31, 2021 14.19%

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

14.19%
Minimum
Dec 2021
26.71%
Maximum
Jun 2024
22.45%
Average
24.90%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks