Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.27%
March 31, 2024 36.98%
December 31, 2023 33.49%
September 30, 2023 31.57%
June 30, 2023 27.08%
March 31, 2023 24.23%
December 31, 2022 27.49%
September 30, 2022 30.29%
June 30, 2022 30.02%
Date Value
March 31, 2022 30.02%
December 31, 2021 29.97%
September 30, 2021 36.01%
June 30, 2021 36.13%
March 31, 2021 35.02%
December 31, 2020 33.64%
September 30, 2020 37.74%
June 30, 2020 36.61%
March 31, 2020 35.66%

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

24.23%
Minimum
Mar 2023
38.27%
Maximum
Jun 2024
32.79%
Average
33.56%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics