Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 13.21%
March 31, 2024 12.64%
December 31, 2023 16.76%
September 30, 2023 19.48%
June 30, 2023 18.84%
March 31, 2023 18.50%
December 31, 2022 21.88%
September 30, 2022 20.01%
June 30, 2022 18.29%
Date Value
March 31, 2022 22.34%
December 31, 2021 15.93%
September 30, 2021 21.85%
June 30, 2021 21.85%
March 31, 2021 21.00%
December 31, 2020
September 30, 2020
June 30, 2020 20.07%
December 31, 2018 22.56%

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

12.64%
Minimum
Mar 2024
22.34%
Maximum
Mar 2022
18.84%
Average
19.48%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

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