Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 59.70%
March 31, 2024 65.08%
December 31, 2023 73.73%
September 30, 2023 63.86%
June 30, 2023 65.09%
March 31, 2023 64.90%
December 31, 2022 72.20%
September 30, 2022 59.81%
June 30, 2022 61.09%
March 31, 2022 69.07%
December 31, 2021 70.60%
September 30, 2021 57.96%
June 30, 2021 54.53%
March 31, 2021 66.38%
December 31, 2020 66.75%
September 30, 2020 48.36%
June 30, 2020 18.39%
March 31, 2020 66.43%
Date Value
December 31, 2019 66.00%
September 30, 2019 54.56%
June 30, 2019 57.52%
March 31, 2019 65.56%
December 31, 2018 64.44%
September 30, 2018 55.80%
June 30, 2018 63.98%
March 31, 2018 62.66%
December 31, 2017 63.60%
September 30, 2017 50.55%
June 30, 2017 46.81%
March 31, 2017 54.43%
December 31, 2016 57.54%
September 30, 2016 46.38%
June 30, 2016 29.68%
March 31, 2016 44.90%
December 31, 2015 55.35%
March 31, 2014 14.80%

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

18.39%
Minimum
Jun 2020
73.73%
Maximum
Dec 2023
61.58%
Average
65.08%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

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