Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 62.60%
March 31, 2024 61.88%
December 31, 2023 71.39%
September 30, 2023 59.03%
June 30, 2023 60.42%
March 31, 2023 56.93%
December 31, 2022 69.10%
September 30, 2022 66.53%
June 30, 2022 69.90%
March 31, 2022 67.02%
Date Value
December 31, 2021 77.63%
September 30, 2021 72.42%
June 30, 2021 73.64%
March 31, 2021 71.79%
December 31, 2020 79.64%
September 30, 2020 72.24%
June 30, 2020 65.14%
March 31, 2020 64.53%
December 31, 2019 72.89%

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

56.93%
Minimum
Mar 2023
79.64%
Maximum
Dec 2020
68.14%
Average
69.10%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks