Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 66.98%
June 30, 2024 71.44%
March 31, 2024 70.75%
December 31, 2023 70.92%
Date Value
September 30, 2023 71.58%
June 30, 2023 78.39%
March 31, 2023 70.67%

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

66.98%
Minimum
Sep 2024
78.39%
Maximum
Jun 2023
71.53%
Average
70.92%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics