Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 28.08%
September 30, 2023 48.69%
June 30, 2023 50.00%
March 31, 2023 50.00%
December 31, 2022
September 30, 2022 52.71%
Date Value
June 30, 2022 52.55%
March 31, 2022 52.64%
December 31, 2021 52.54%
September 30, 2021 52.53%
June 30, 2021 52.53%

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

28.08%
Minimum
Dec 2023
52.71%
Maximum
Sep 2022
49.23%
Average
52.53%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics