Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 60.30%
June 30, 2024 60.48%
March 31, 2024 59.84%
December 31, 2023 57.19%
September 30, 2023 58.32%
June 30, 2023 58.95%
March 31, 2023 58.13%
Date Value
December 31, 2022 54.08%
September 30, 2022 55.33%
June 30, 2022 59.05%
March 31, 2022 50.57%
December 31, 2021 39.72%
September 30, 2021 35.53%
June 30, 2021 37.91%

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

35.53%
Minimum
Sep 2021
60.48%
Maximum
Jun 2024
53.24%
Average
57.66%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics