Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.52%
March 31, 2024 39.13%
December 31, 2023 54.19%
September 30, 2023 21.84%
June 30, 2023 45.61%
March 31, 2023 49.11%
December 31, 2022 35.72%
September 30, 2022 42.91%
Date Value
June 30, 2022 42.14%
March 31, 2022 43.83%
December 31, 2021 43.61%
September 30, 2021 31.85%
June 30, 2021 47.54%
March 31, 2021 47.69%
December 31, 2020 45.20%
September 30, 2020 45.86%

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

21.84%
Minimum
Sep 2023
54.19%
Maximum
Dec 2023
43.05%
Average
44.52%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics