Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 89.78%
March 31, 2024 53.93%
December 31, 2023 80.08%
September 30, 2023 89.43%
June 30, 2023 87.12%
March 31, 2023 90.35%
December 31, 2022 85.67%
September 30, 2022 72.62%
June 30, 2022 77.16%
March 31, 2022 93.03%
Date Value
December 31, 2021 81.11%
September 30, 2021 97.91%
June 30, 2021 87.37%
March 31, 2021 91.15%
December 31, 2020 95.98%
September 30, 2020 94.99%
June 30, 2020 92.83%
March 31, 2020 96.02%
December 31, 2019 88.65%
September 30, 2019 99.27%

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

53.93%
Minimum
Mar 2024
97.91%
Maximum
Sep 2021
86.59%
Average
89.43%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

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