Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 64.76%
September 30, 2023 64.60%
June 30, 2023 62.25%
March 31, 2023 63.60%
December 31, 2022 67.64%
September 30, 2022 67.60%
June 30, 2022 64.86%
March 31, 2022 63.85%
Date Value
December 31, 2021 66.03%
September 30, 2021 68.04%
June 30, 2021 66.86%
March 31, 2021 67.35%
December 31, 2020 67.40%
September 30, 2020 66.68%
June 30, 2020 67.79%
March 31, 2020 66.81%

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

62.25%
Minimum
Jun 2023
68.04%
Maximum
Sep 2021
66.01%
Average
66.75%
Median

Gross Profit Margin (Quarterly) Benchmarks