Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 21.52%
June 30, 2024 19.50%
March 31, 2024 20.61%
December 31, 2023 23.45%
September 30, 2023 22.04%
June 30, 2023 21.76%
March 31, 2023 20.39%
December 31, 2022 20.21%
September 30, 2022 12.65%
June 30, 2022 21.51%
Date Value
March 31, 2022 22.63%
December 31, 2021 22.41%
September 30, 2021 23.30%
June 30, 2021 18.91%
March 31, 2021 17.25%
December 31, 2020 17.47%
September 30, 2020 19.78%
June 30, 2020 13.34%
March 31, 2020 8.02%

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

8.02%
Minimum
Mar 2020
23.45%
Maximum
Dec 2023
19.30%
Average
20.39%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

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