Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 62.97%
December 31, 2023 53.54%
September 30, 2023 61.33%
June 30, 2023 62.14%
March 31, 2023 61.62%
December 31, 2022 58.16%
Date Value
September 30, 2022 62.90%
June 30, 2022 62.40%
March 31, 2022 61.40%
December 31, 2021 62.80%
September 30, 2021 62.53%

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

53.54%
Minimum
Dec 2023
62.97%
Maximum
Mar 2024
61.07%
Average
62.14%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics