Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 73.03%
March 31, 2024 71.29%
December 31, 2023 74.97%
September 30, 2023 65.81%
June 30, 2023 67.64%
March 31, 2023 72.72%
December 31, 2022 52.90%
September 30, 2022 63.00%
June 30, 2022 66.43%
Date Value
March 31, 2022 68.75%
December 31, 2021 69.63%
September 30, 2021 70.19%
June 30, 2021 71.14%
March 31, 2021 68.29%
December 31, 2020 67.10%
September 30, 2020 71.71%
June 30, 2020 92.98%

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

52.90%
Minimum
Dec 2022
92.98%
Maximum
Jun 2020
69.86%
Average
69.63%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics