Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 64.81%
March 31, 2024 68.59%
December 31, 2023 65.45%
September 30, 2023 64.22%
June 30, 2023 65.40%
March 31, 2023 69.46%
December 31, 2022 65.24%
September 30, 2022 63.50%
June 30, 2022 63.66%
Date Value
March 31, 2022 66.43%
December 31, 2021 60.14%
September 30, 2021 50.81%
June 30, 2021 52.30%
March 31, 2021 58.74%
December 31, 2020 57.10%
September 30, 2020 56.38%
June 30, 2020 53.41%

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

50.81%
Minimum
Sep 2021
69.46%
Maximum
Mar 2023
61.51%
Average
63.66%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

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