Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.17%
March 31, 2024 43.44%
December 31, 2023 49.91%
September 30, 2023 42.50%
June 30, 2023 48.36%
March 31, 2023 45.63%
December 31, 2022 54.80%
September 30, 2022 49.91%
June 30, 2022 53.70%
Date Value
March 31, 2022 48.83%
December 31, 2021 53.38%
September 30, 2021 48.99%
June 30, 2021 47.69%
March 31, 2021 43.92%
December 31, 2020 49.54%
September 30, 2020 46.44%
December 31, 2019 48.91%
September 30, 2019 46.76%

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

42.50%
Minimum
Sep 2023
54.80%
Maximum
Dec 2022
48.42%
Average
48.83%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics