Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 50.26%
March 31, 2024 56.33%
December 31, 2023 44.58%
September 30, 2023 49.87%
June 30, 2023 47.47%
March 31, 2023 61.12%
December 31, 2022 52.40%
September 30, 2022 54.26%
June 30, 2022 57.25%
March 31, 2022 53.71%
Date Value
December 31, 2021 52.05%
September 30, 2021 66.39%
June 30, 2021 48.72%
March 31, 2021 45.22%
December 31, 2020 42.84%
September 30, 2020 59.83%
June 30, 2020 68.50%
March 31, 2020 61.78%
December 31, 2019 51.87%
September 30, 2019 29.74%

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

42.84%
Minimum
Dec 2020
68.50%
Maximum
Jun 2020
53.92%
Average
52.40%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

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