Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 57.77%
June 30, 2023 55.60%
March 31, 2023 54.73%
December 31, 2022 51.50%
September 30, 2022 61.19%
June 30, 2022 64.61%
March 31, 2022 55.03%
December 31, 2021 59.79%
Date Value
September 30, 2021 58.27%
June 30, 2021 58.74%
March 31, 2021 51.25%
December 31, 2020 57.66%
September 30, 2020 60.25%
June 30, 2020 54.96%
March 31, 2020 58.31%

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

51.25%
Minimum
Mar 2021
64.61%
Maximum
Jun 2022
57.31%
Average
57.77%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks