Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.29%
March 31, 2024 20.40%
December 31, 2023 15.30%
September 30, 2023 16.07%
June 30, 2023 19.92%
Date Value
March 31, 2023 18.73%
December 31, 2022 16.11%
September 30, 2022 17.79%
June 30, 2022 13.82%
March 31, 2022 15.65%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

13.82%
Minimum
Jun 2022
28.29%
Maximum
Jun 2024
18.21%
Average
16.95%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics