Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 42.92%
March 31, 2024 40.86%
December 31, 2023 39.26%
September 30, 2023 44.32%
June 30, 2023 40.58%
March 31, 2023 45.13%
December 31, 2022 34.09%
September 30, 2022 45.84%
June 30, 2022 34.36%
March 31, 2022 49.71%
December 31, 2021 43.17%
September 30, 2021 54.63%
June 30, 2021 54.66%
Date Value
March 31, 2021 32.34%
December 31, 2020 31.19%
September 30, 2020 47.65%
June 30, 2020 25.93%
March 31, 2020 43.24%
December 31, 2019 50.57%
September 30, 2019 39.23%
June 30, 2019 27.34%
March 31, 2019 40.36%
December 31, 2018 45.19%
September 30, 2018 44.85%
June 30, 2018 41.93%
March 31, 2018 34.39%

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

25.93%
Minimum
Jun 2020
54.66%
Maximum
Jun 2021
42.13%
Average
43.17%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics