Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.89%
March 31, 2024 15.96%
December 31, 2023 18.51%
September 30, 2023 19.85%
June 30, 2023 19.59%
March 31, 2023 17.69%
Date Value
December 31, 2022 18.76%
September 30, 2022 26.06%
June 30, 2022 28.79%
March 31, 2022 25.15%
December 31, 2021 21.53%
September 30, 2021 27.75%

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

15.96%
Minimum
Mar 2024
28.79%
Maximum
Jun 2022
21.46%
Average
19.72%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics