Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 34.77%
June 30, 2024 34.44%
March 31, 2024 33.53%
December 31, 2023 31.98%
September 30, 2023 31.63%
June 30, 2023 33.45%
March 31, 2023 34.00%
December 31, 2022 35.60%
September 30, 2022 30.19%
June 30, 2022 27.03%
Date Value
March 31, 2022 26.00%
December 31, 2021 33.77%
September 30, 2021 33.92%
June 30, 2021 30.98%
March 31, 2021 28.74%
December 31, 2020 27.94%
September 30, 2020 39.79%
June 30, 2020 24.22%
March 31, 2020 36.38%

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

24.22%
Minimum
Jun 2020
39.79%
Maximum
Sep 2020
32.02%
Average
33.45%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

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