Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 47.25%
June 30, 2024 49.27%
March 31, 2024 52.67%
December 31, 2023 51.94%
September 30, 2023 50.30%
June 30, 2023 43.56%
March 31, 2023 45.21%
December 31, 2022 39.82%
September 30, 2022 41.54%
June 30, 2022 41.74%
March 31, 2022 43.72%
December 31, 2021 46.62%
September 30, 2021 36.82%
June 30, 2021 41.67%
Date Value
March 31, 2021 44.91%
December 31, 2020 35.66%
September 30, 2020 36.36%
June 30, 2020 37.64%
March 31, 2020 42.89%
December 31, 2019 36.18%
September 30, 2019 34.41%
June 30, 2019 39.08%
March 31, 2019 42.34%
December 31, 2018 30.98%
September 30, 2018 35.04%
June 30, 2018 33.34%
March 31, 2018 35.23%
December 31, 2017 38.09%

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

35.66%
Minimum
Dec 2020
52.67%
Maximum
Mar 2024
43.29%
Average
43.22%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics