Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 50.14%
March 31, 2024 47.61%
December 31, 2023 46.34%
September 30, 2023 49.11%
June 30, 2023 48.91%
March 31, 2023 46.74%
Date Value
December 31, 2022 49.60%
September 30, 2022 47.19%
June 30, 2022 46.82%
March 31, 2022 47.99%
December 31, 2021 44.84%
March 31, 2021 45.83%

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

44.84%
Minimum
Dec 2021
50.14%
Maximum
Jun 2024
47.59%
Average
47.40%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics