Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2023 57.11%
December 31, 2022 70.19%
September 30, 2022 71.75%
Date Value
June 30, 2022 57.55%
March 31, 2022 89.11%

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

57.11%
Minimum
Mar 2023
89.11%
Maximum
Mar 2022
69.14%
Average
70.19%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks