Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 22.29%
June 30, 2024 21.66%
March 31, 2024 22.25%
December 31, 2023 21.09%
September 30, 2023 19.75%
June 30, 2023 21.31%
Date Value
March 31, 2023 20.60%
December 31, 2022 22.09%
September 30, 2022 23.40%
June 30, 2022 19.85%
March 31, 2022 20.67%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

19.75%
Minimum
Sep 2023
23.40%
Maximum
Sep 2022
21.36%
Average
21.31%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks