Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 55.94%
December 31, 2023 57.83%
September 30, 2023 59.81%
June 30, 2023 62.39%
March 31, 2023 64.11%
December 31, 2022 68.89%
September 30, 2022 67.24%
June 30, 2022 68.34%
March 31, 2022 69.45%
Date Value
December 31, 2021 77.49%
September 30, 2021 78.17%
June 30, 2021 79.49%
March 31, 2021 81.04%
December 31, 2020 82.70%
September 30, 2020 82.62%
June 30, 2020 82.47%
March 31, 2020 72.98%

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

55.94%
Minimum
Mar 2024
82.70%
Maximum
Dec 2020
71.23%
Average
69.45%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

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