Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.09%
March 31, 2024 43.38%
December 31, 2023 41.17%
September 30, 2023 42.30%
June 30, 2023 41.18%
March 31, 2023 39.00%
December 31, 2022 39.93%
September 30, 2022 38.65%
June 30, 2022 39.35%
Date Value
March 31, 2022 35.62%
December 31, 2021 39.48%
September 30, 2021 38.58%
June 30, 2021 35.96%
March 31, 2021 33.30%
December 31, 2020 33.54%
September 30, 2020 30.18%
June 30, 2020 32.45%
March 31, 2020 29.37%

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

29.37%
Minimum
Mar 2020
46.09%
Maximum
Jun 2024
37.75%
Average
38.83%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics