Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.99%
March 31, 2024 56.73%
December 31, 2023 53.79%
September 30, 2023 54.60%
June 30, 2023 54.57%
March 31, 2023 55.12%
December 31, 2022 55.05%
September 30, 2022 56.74%
Date Value
June 30, 2022 57.71%
March 31, 2022 58.51%
December 31, 2021 57.38%
September 30, 2021 57.99%
June 30, 2021 59.33%
March 31, 2021 60.29%
December 31, 2020 57.76%
September 30, 2020 61.47%

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

53.79%
Minimum
Dec 2023
61.47%
Maximum
Sep 2020
57.06%
Average
57.06%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics