Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.72%
March 31, 2024 29.07%
December 31, 2023 41.57%
September 30, 2023 48.51%
June 30, 2023 41.13%
March 31, 2023 37.68%
December 31, 2022 30.87%
September 30, 2022 48.60%
June 30, 2022 53.62%
March 31, 2022 49.44%
December 31, 2021 30.49%
September 30, 2021 25.62%
June 30, 2021 30.36%
March 31, 2021 23.78%
December 31, 2020 6.99%
September 30, 2020 26.62%
June 30, 2020 27.70%
Date Value
March 31, 2020 12.59%
December 31, 2019 8.41%
September 30, 2019 19.51%
June 30, 2019 21.21%
March 31, 2019 19.59%
December 31, 2018 20.73%
September 30, 2018 30.60%
June 30, 2018 35.48%
March 31, 2018 37.81%
December 31, 2017 34.12%
September 30, 2017 34.80%
June 30, 2017 35.02%
March 31, 2017 32.24%
December 31, 2016 22.67%
September 30, 2016 26.78%
June 30, 2016 30.32%
March 31, 2016 22.21%

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

6.99%
Minimum
Dec 2020
53.62%
Maximum
Jun 2022
32.15%
Average
30.49%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks