Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 49.22%
December 31, 2023 47.03%
September 30, 2023 46.90%
June 30, 2023 45.54%
March 31, 2023 45.47%
December 31, 2022 44.16%
September 30, 2022 45.67%
June 30, 2022 44.84%
March 31, 2022 44.82%
December 31, 2021 45.10%
Date Value
September 30, 2021 45.07%
June 30, 2021 43.96%
March 31, 2021 44.08%
December 31, 2020 44.50%
September 30, 2020 44.37%
June 30, 2020 43.28%
March 31, 2020 43.19%
December 31, 2019 43.80%
September 30, 2019 43.11%

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

43.11%
Minimum
Sep 2019
49.22%
Maximum
Mar 2024
44.95%
Average
44.82%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

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