Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.88%
March 31, 2024 39.04%
December 31, 2023 38.30%
September 30, 2023 38.89%
June 30, 2023 39.24%
March 31, 2023 37.38%
December 31, 2022 35.14%
September 30, 2022 39.49%
June 30, 2022 39.42%
Date Value
March 31, 2022 39.37%
December 31, 2021 31.20%
September 30, 2021 25.55%
June 30, 2021 23.47%
March 31, 2021 22.39%
December 31, 2020 24.96%
September 30, 2020 24.25%
June 30, 2020 23.76%
March 31, 2020 20.10%

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

20.10%
Minimum
Mar 2020
39.88%
Maximum
Jun 2024
32.32%
Average
36.26%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics