Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 54.12%
June 30, 2024 53.21%
March 31, 2024 52.57%
December 31, 2023 52.37%
September 30, 2023 50.42%
June 30, 2023 52.38%
March 31, 2023 51.50%
December 31, 2022 52.85%
September 30, 2022 54.93%
June 30, 2022 56.40%
Date Value
March 31, 2022 54.91%
December 31, 2021 55.81%
September 30, 2021 57.35%
June 30, 2021 58.75%
March 31, 2021 56.33%
December 31, 2020 56.11%
September 30, 2020 61.29%
June 30, 2020 68.20%
March 31, 2020 64.86%
December 31, 2019 65.18%

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

50.42%
Minimum
Sep 2023
68.20%
Maximum
Jun 2020
56.48%
Average
55.37%
Median

Gross Profit Margin (Quarterly) Benchmarks