Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.57%
March 31, 2024 69.59%
December 31, 2023 64.73%
September 30, 2023 60.78%
June 30, 2023 56.09%
March 31, 2023 61.49%
December 31, 2022 65.93%
September 30, 2022 51.33%
June 30, 2022 57.90%
March 31, 2022 66.04%
December 31, 2021 65.87%
September 30, 2021 37.59%
Date Value
June 30, 2021 52.14%
March 31, 2021 59.41%
December 31, 2020 70.89%
September 30, 2020 55.99%
June 30, 2020 59.73%
March 31, 2020 57.36%
December 31, 2019 59.02%
September 30, 2019 55.61%
June 30, 2019 57.41%
March 31, 2019 49.22%
December 31, 2018 71.63%

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

37.59%
Minimum
Sep 2021
70.89%
Maximum
Dec 2020
59.34%
Average
59.41%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

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