Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 44.29%
March 31, 2024 43.76%
December 31, 2023 39.92%
September 30, 2023 38.09%
June 30, 2023 37.14%
March 31, 2023 34.11%
December 31, 2022 33.44%
September 30, 2022 33.46%
June 30, 2022 34.23%
Date Value
March 31, 2022 38.36%
December 31, 2021 34.84%
September 30, 2021 39.92%
June 30, 2021 42.97%
March 31, 2021 46.11%
December 31, 2020 44.27%
September 30, 2020 47.32%
June 30, 2020 51.29%

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

33.44%
Minimum
Dec 2022
51.29%
Maximum
Jun 2020
40.21%
Average
39.92%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

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