Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 44.61%
September 30, 2023 46.55%
June 30, 2023 39.63%
March 31, 2023 38.60%
December 31, 2022 40.71%
September 30, 2022 39.71%
June 30, 2022 35.83%
Date Value
March 31, 2022 15.38%
December 31, 2021 36.36%
September 30, 2021 32.79%
June 30, 2021 48.72%
March 31, 2021 83.67%
December 31, 2020 20.01%

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

15.38%
Minimum
Mar 2022
83.67%
Maximum
Mar 2021
40.20%
Average
39.63%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics