Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.71%
March 31, 2024 41.56%
December 31, 2023 23.84%
September 30, 2023 24.88%
Date Value
June 30, 2023 41.40%
March 31, 2023 48.55%
December 31, 2022 38.36%

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

23.84%
Minimum
Dec 2023
48.55%
Maximum
Mar 2023
36.90%
Average
39.71%
Median
Jun 2024

Gross Profit Margin (Quarterly) Related Metrics