Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 60.20%
September 30, 2023 65.57%
June 30, 2023 62.15%
March 31, 2023 60.32%
December 31, 2022 64.42%
September 30, 2022 65.38%
Date Value
June 30, 2022 64.32%
March 31, 2022 56.21%
December 31, 2021 64.41%
September 30, 2021 59.61%
June 30, 2021 62.94%
March 31, 2021 71.89%

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

56.21%
Minimum
Mar 2022
71.89%
Maximum
Mar 2021
63.12%
Average
63.63%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics