Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.96%
March 31, 2024 48.53%
December 31, 2023 49.99%
September 30, 2023 49.39%
June 30, 2023 49.82%
March 31, 2023 48.12%
December 31, 2022 49.24%
September 30, 2022 49.37%
Date Value
June 30, 2022 50.24%
March 31, 2022 49.22%
December 31, 2021 49.56%
September 30, 2021 51.18%
June 30, 2021 51.46%
March 31, 2021 50.07%
September 30, 2020 50.66%
June 30, 2020 50.09%

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

48.12%
Minimum
Mar 2023
51.46%
Maximum
Jun 2021
49.81%
Average
49.89%
Median

Gross Profit Margin (Quarterly) Benchmarks