Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 42.24%
March 31, 2024 42.53%
December 31, 2023 39.78%
September 30, 2023 41.82%
June 30, 2023 38.35%
March 31, 2023 40.53%
December 31, 2022 51.10%
September 30, 2022 50.13%
June 30, 2022 41.07%
Date Value
March 31, 2022 35.49%
December 31, 2021 38.79%
September 30, 2021 43.00%
June 30, 2021 42.06%
March 31, 2021 40.25%
December 31, 2020 35.37%
September 30, 2020 51.70%
June 30, 2020 40.72%

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

35.37%
Minimum
Dec 2020
51.70%
Maximum
Sep 2020
42.05%
Average
41.07%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

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