Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2022 53.51%
June 30, 2022 66.50%
March 31, 2022 72.26%
December 31, 2021 73.09%
September 30, 2021 70.55%
June 30, 2021 70.65%
Date Value
March 31, 2021 78.80%
December 31, 2020 92.18%
September 30, 2020 81.24%
June 30, 2020 85.93%
March 31, 2020 84.86%

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

53.51%
Minimum
Sep 2022
92.18%
Maximum
Dec 2020
75.42%
Average
73.09%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks