Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 41.40%
September 30, 2023 42.32%
June 30, 2023 41.72%
March 31, 2023 41.45%
December 31, 2022 42.45%
September 30, 2022 42.04%
June 30, 2022 41.76%
March 31, 2022 41.05%
Date Value
December 31, 2021 43.78%
September 30, 2021 44.08%
June 30, 2021 42.34%
March 31, 2021 42.42%
December 31, 2020 42.93%
September 30, 2020 46.60%
June 30, 2020 43.94%
March 31, 2020 39.68%

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

39.68%
Minimum
Mar 2020
46.60%
Maximum
Sep 2020
42.50%
Average
42.33%
Median

Gross Profit Margin (Quarterly) Benchmarks