Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 19.73%
June 30, 2024 22.84%
March 31, 2024 21.86%
December 31, 2023 20.60%
September 30, 2023 20.11%
June 30, 2023 22.24%
March 31, 2023 22.49%
December 31, 2022 17.80%
September 30, 2022 18.60%
Date Value
June 30, 2022 19.44%
March 31, 2022 20.73%
December 31, 2021 19.42%
September 30, 2021 20.71%
June 30, 2021 23.60%
March 31, 2021 18.65%
December 31, 2020 14.19%
September 30, 2020 10.60%

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

10.60%
Minimum
Sep 2020
23.60%
Maximum
Jun 2021
19.62%
Average
20.11%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks