Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 40.63%
September 30, 2023 43.36%
June 30, 2023 46.13%
March 31, 2023 48.15%
December 31, 2022 44.90%
September 30, 2022 46.84%
June 30, 2022 51.00%
March 31, 2022 50.07%
December 31, 2021 47.65%
September 30, 2021 46.41%
June 30, 2021 49.60%
March 31, 2021 51.05%
Date Value
December 31, 2020 50.21%
September 30, 2020 48.40%
June 30, 2020 46.53%
March 31, 2020 46.65%
December 31, 2019 50.17%
September 30, 2019 52.74%
June 30, 2019 51.88%
March 31, 2019 50.80%
December 31, 2018 48.10%
September 30, 2018 48.29%
June 30, 2018 45.55%
March 31, 2018 43.73%

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

40.63%
Minimum
Dec 2023
52.74%
Maximum
Sep 2019
48.02%
Average
48.15%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

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