Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 70.37%
March 31, 2024 69.52%
December 31, 2023 61.86%
September 30, 2023 69.02%
June 30, 2023 67.42%
March 31, 2023 67.30%
December 31, 2022 63.05%
September 30, 2022 65.49%
June 30, 2022 68.89%
Date Value
March 31, 2022 69.09%
December 31, 2021 66.12%
September 30, 2021 72.85%
June 30, 2021 73.60%
March 31, 2021 71.33%
December 31, 2020 68.46%
September 30, 2020 69.84%
June 30, 2020 69.74%
March 31, 2020 67.53%

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

61.86%
Minimum
Dec 2023
73.60%
Maximum
Jun 2021
68.42%
Average
68.95%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics