Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 10.38%
December 31, 2023 14.63%
September 30, 2023 18.62%
June 30, 2023 20.50%
March 31, 2023 21.41%
December 31, 2022 24.27%
September 30, 2022 15.12%
June 30, 2022 32.57%
Date Value
March 31, 2022 43.89%
December 31, 2021 44.62%
September 30, 2021 44.69%
June 30, 2021 35.61%
March 31, 2021 39.41%
December 31, 2020 43.82%
September 30, 2020 41.03%

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

View Gross Profit Margin (Quarterly) Range, Past 5 Years
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Gross Profit Margin (Quarterly) Benchmarks