Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 62.66%
December 31, 2023 60.42%
September 30, 2023 58.83%
June 30, 2023
March 31, 2023 64.47%
December 31, 2022 61.74%
September 30, 2022 50.14%
June 30, 2022 41.34%
March 31, 2022 61.01%
Date Value
December 31, 2021 61.91%
September 30, 2021 14.45%
June 30, 2021 41.76%
March 31, 2021 50.86%
December 31, 2020 36.13%
September 30, 2020 35.83%
June 30, 2020 27.21%
March 31, 2020 94.98%

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

14.45%
Minimum
Sep 2021
94.98%
Maximum
Mar 2020
51.48%
Average
54.85%
Median

Gross Profit Margin (Quarterly) Benchmarks