Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.53%
March 31, 2024 46.00%
December 31, 2023 49.31%
September 30, 2023 59.45%
June 30, 2023 57.35%
March 31, 2023 55.45%
December 31, 2022 55.04%
September 30, 2022 51.87%
June 30, 2022 47.92%
March 31, 2022 34.75%
December 31, 2021 35.76%
September 30, 2021 37.69%
June 30, 2021 36.10%
Date Value
March 31, 2021 25.19%
December 31, 2020 19.56%
September 30, 2020 24.28%
June 30, 2020 15.28%
March 31, 2020 37.89%
December 31, 2019 41.43%
September 30, 2019 47.23%
June 30, 2019 48.15%
March 31, 2019 46.05%
December 31, 2018
September 30, 2018
June 30, 2018 47.81%
March 31, 2018 41.67%

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

15.28%
Minimum
Jun 2020
59.45%
Maximum
Sep 2023
40.89%
Average
41.43%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

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