Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 53.92%
March 31, 2024 53.49%
December 31, 2023 42.54%
September 30, 2023 49.79%
June 30, 2023 56.29%
March 31, 2023 52.35%
December 31, 2022 63.35%
September 30, 2022 50.19%
June 30, 2022 60.86%
March 31, 2022 50.24%
Date Value
December 31, 2021 50.17%
September 30, 2021 46.55%
June 30, 2021 56.27%
March 31, 2021 55.29%
December 31, 2020 56.31%
September 30, 2020 54.53%
June 30, 2020 38.56%
March 31, 2020 60.41%
December 31, 2019 55.14%
September 30, 2019 40.59%

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

38.56%
Minimum
Jun 2020
63.35%
Maximum
Dec 2022
52.96%
Average
53.92%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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