Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 72.36%
December 31, 2023 70.40%
September 30, 2023 68.92%
June 30, 2023 67.39%
March 31, 2023 69.04%
December 31, 2022 68.37%
September 30, 2022 68.15%
June 30, 2022 64.04%
Date Value
March 31, 2022 62.68%
December 31, 2021 63.59%
September 30, 2021 64.02%
June 30, 2021 66.79%
March 31, 2021 64.74%
December 31, 2020 64.85%
September 30, 2020 64.72%
June 30, 2020 62.31%

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

62.31%
Minimum
Jun 2020
72.36%
Maximum
Mar 2024
66.40%
Average
65.82%
Median

Gross Profit Margin (Quarterly) Benchmarks

Intuit Inc 74.75%
Microsoft Corp 70.08%
PTC Inc 81.75%
Gen Digital Inc 80.35%
Braze Inc 67.17%

Gross Profit Margin (Quarterly) Related Metrics