Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 44.21%
March 31, 2024 45.66%
December 31, 2023 46.74%
September 30, 2023 46.25%
June 30, 2023 45.48%
March 31, 2023 46.33%
December 31, 2022 47.32%
September 30, 2022 44.88%
June 30, 2022 44.96%
March 31, 2022 42.55%
Date Value
December 31, 2021 43.96%
September 30, 2021 44.51%
June 30, 2021 43.63%
March 31, 2021 44.90%
December 31, 2020 49.29%
September 30, 2020 51.57%
June 30, 2020 55.56%
March 31, 2020 54.34%
December 31, 2019 57.70%
September 30, 2019 56.36%

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

42.55%
Minimum
Mar 2022
57.70%
Maximum
Dec 2019
47.36%
Average
45.66%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

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