Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

View and export this data back to 2018. Upgrade now.
Date Value
December 31, 2023 55.88%
September 30, 2023 56.07%
June 30, 2023 55.68%
March 31, 2023 60.09%
December 31, 2022 62.06%
September 30, 2022 64.70%
June 30, 2022 66.32%
March 31, 2022 64.39%
December 31, 2021 68.82%
September 30, 2021 66.15%
June 30, 2021 60.29%
Date Value
March 31, 2021 52.94%
December 31, 2020 52.32%
September 30, 2020 51.74%
June 30, 2020 46.49%
March 31, 2020 45.88%
December 31, 2019 47.88%
September 30, 2019 47.96%
June 30, 2019 40.23%
March 31, 2019 51.22%
December 31, 2018 60.18%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

40.23%
Minimum
Jun 2019
68.82%
Maximum
Dec 2021
56.10%
Average
55.88%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics