Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 47.17%
December 31, 2023 48.02%
September 30, 2023 50.31%
June 30, 2023 42.71%
March 31, 2023 45.55%
Date Value
December 31, 2022 44.94%
September 30, 2022 45.15%
June 30, 2022 47.94%
March 31, 2022 44.78%

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

42.71%
Minimum
Jun 2023
50.31%
Maximum
Sep 2023
46.28%
Average
45.55%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics