Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.07%
March 31, 2024 54.85%
December 31, 2023 55.00%
September 30, 2023 51.70%
June 30, 2023 52.28%
March 31, 2023 51.25%
December 31, 2022 52.45%
September 30, 2022 48.55%
June 30, 2022 44.92%
March 31, 2022 47.34%
December 31, 2021 50.94%
September 30, 2021 52.45%
June 30, 2021 52.58%
Date Value
March 31, 2021 55.81%
December 31, 2020 59.16%
September 30, 2020 58.53%
June 30, 2020 60.23%
March 31, 2020 56.67%
December 31, 2019 56.69%
September 30, 2019 55.23%
June 30, 2019 54.99%
March 31, 2019 56.72%
December 31, 2018 56.59%
September 30, 2018 54.61%
June 30, 2018 54.44%
March 31, 2018 52.66%

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

44.92%
Minimum
Jun 2022
60.23%
Maximum
Jun 2020
53.50%
Average
52.58%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics