Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 28.29%
June 30, 2024 29.01%
March 31, 2024 27.93%
December 31, 2023 24.92%
Date Value
September 30, 2023 28.94%
June 30, 2023 29.38%
March 31, 2023 28.10%

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

24.92%
Minimum
Dec 2023
29.38%
Maximum
Jun 2023
28.08%
Average
28.29%
Median
Sep 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics