Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.26%
March 31, 2024 43.23%
December 31, 2023 36.17%
September 30, 2023 36.45%
June 30, 2023 48.11%
March 31, 2023 43.26%
December 31, 2022 34.38%
September 30, 2022 32.34%
June 30, 2022 46.85%
March 31, 2022 40.80%
December 31, 2021 35.84%
September 30, 2021 34.29%
June 30, 2021 46.51%
Date Value
March 31, 2021 42.08%
December 31, 2020 34.14%
September 30, 2020 30.38%
June 30, 2020 45.50%
March 31, 2020 42.64%
December 31, 2019 34.03%
September 30, 2019 29.41%
June 30, 2019 45.16%
March 31, 2019 34.89%
December 31, 2018 28.10%
September 30, 2018 23.73%
June 30, 2018 35.67%
March 31, 2018 27.65%

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

30.38%
Minimum
Sep 2020
52.26%
Maximum
Jun 2024
39.96%
Average
40.80%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks