Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 56.46%
March 31, 2024 51.59%
December 31, 2023 48.49%
September 30, 2023 51.14%
June 30, 2023 51.72%
March 31, 2023 46.45%
December 31, 2022 42.65%
September 30, 2022 43.39%
June 30, 2022 43.24%
March 31, 2022 41.03%
December 31, 2021 41.18%
September 30, 2021 53.93%
June 30, 2021 52.38%
March 31, 2021 44.98%
Date Value
December 31, 2020 42.28%
September 30, 2020 48.97%
June 30, 2020 52.28%
March 31, 2020 50.00%
December 31, 2019 46.49%
September 30, 2019 50.61%
June 30, 2019 52.84%
March 31, 2019 47.41%
December 31, 2018 44.44%
September 30, 2018 46.68%
June 30, 2018 45.20%
March 31, 2018 45.75%
December 31, 2017 46.51%
September 30, 2017 51.73%

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

41.03%
Minimum
Mar 2022
56.46%
Maximum
Jun 2024
47.82%
Average
48.49%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics