Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.91%
March 31, 2024 49.14%
December 31, 2023 46.07%
September 30, 2023 48.96%
June 30, 2023 40.34%
March 31, 2023 43.20%
December 31, 2022 28.76%
September 30, 2022 43.14%
Date Value
June 30, 2022 41.13%
March 31, 2022 41.77%
December 31, 2021 41.53%
September 30, 2021 51.28%
June 30, 2021 60.38%
March 31, 2021 62.12%
December 31, 2020 57.14%
September 30, 2020 60.09%

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

28.76%
Minimum
Dec 2022
62.12%
Maximum
Mar 2021
47.56%
Average
45.99%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics