Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

View and export this data back to 2022. Upgrade now.
Date Value
December 31, 2023 95.34%
Date Value
December 31, 2022 92.93%

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

92.93%
Minimum
Dec 2022
95.34%
Maximum
Dec 2023
94.14%
Average
94.14%
Median

Gross Profit Margin (Quarterly) Benchmarks