Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.75%
March 31, 2024 22.92%
December 31, 2023 19.53%
September 30, 2023 22.64%
June 30, 2023 21.83%
March 31, 2023 21.14%
December 31, 2022 16.06%
September 30, 2022 18.41%
June 30, 2022 18.07%
Date Value
March 31, 2022 14.99%
December 31, 2021 12.28%
September 30, 2021 14.09%
June 30, 2021 19.82%
March 31, 2021 17.14%
December 31, 2020 13.88%
September 30, 2020 15.25%
June 30, 2020 14.73%
March 31, 2020 14.35%

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

12.28%
Minimum
Dec 2021
22.92%
Maximum
Mar 2024
17.77%
Average
17.61%
Median

Gross Profit Margin (Quarterly) Benchmarks