Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 60.19%
June 30, 2024 58.31%
March 31, 2024 54.31%
December 31, 2023 57.47%
September 30, 2023 57.70%
June 30, 2023 57.75%
March 31, 2023 54.28%
December 31, 2022 55.17%
Date Value
September 30, 2022 57.57%
June 30, 2022 57.28%
March 31, 2022 52.83%
December 31, 2021 55.33%
September 30, 2021 59.55%
June 30, 2021 58.79%
March 31, 2021 54.99%

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

52.83%
Minimum
Mar 2022
60.19%
Maximum
Sep 2024
56.77%
Average
57.47%
Median
Dec 2023

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