Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 66.20%
March 31, 2024 51.61%
December 31, 2023 77.64%
September 30, 2023 55.53%
June 30, 2023 39.25%
March 31, 2023 70.53%
December 31, 2022 68.09%
September 30, 2022 46.51%
June 30, 2022 44.54%
March 31, 2022 57.50%
December 31, 2021 57.10%
September 30, 2021 37.24%
Date Value
June 30, 2021 40.22%
March 31, 2021 50.31%
December 31, 2020 57.50%
September 30, 2020 59.20%
June 30, 2020 58.82%
March 31, 2020 59.70%
December 31, 2019 60.11%
September 30, 2019 53.66%
June 30, 2019 51.82%
March 31, 2019 62.70%
December 31, 2018 59.00%
September 30, 2018 54.22%

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

37.24%
Minimum
Sep 2021
77.64%
Maximum
Dec 2023
55.66%
Average
57.50%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

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