Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 28.72%
June 30, 2024 26.14%
March 31, 2024 24.95%
December 31, 2023 30.28%
September 30, 2023 34.73%
June 30, 2023 42.12%
March 31, 2023 44.89%
December 31, 2022 41.27%
September 30, 2022 38.37%
June 30, 2022 37.25%
March 31, 2022 37.28%
December 31, 2021 32.49%
Date Value
September 30, 2021 26.74%
June 30, 2021 22.93%
March 31, 2021 16.61%
December 31, 2020 18.78%
September 30, 2020 21.77%
June 30, 2020 16.85%
March 31, 2020 12.18%
December 31, 2019 8.70%
September 30, 2019 6.31%
June 30, 2019 10.15%
March 31, 2019 7.01%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

8.70%
Minimum
Dec 2019
44.89%
Maximum
Mar 2023
28.15%
Average
27.73%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics