Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 64.76%
June 30, 2024 65.31%
March 31, 2024 67.27%
December 31, 2023 68.94%
September 30, 2023 72.54%
June 30, 2023 69.74%
March 31, 2023 67.36%
December 31, 2022 69.52%
September 30, 2022 67.21%
June 30, 2022 62.82%
Date Value
March 31, 2022 63.90%
December 31, 2021 65.30%
September 30, 2021 64.18%
June 30, 2021 65.73%
March 31, 2021 64.63%
December 31, 2020 66.12%
September 30, 2020 63.26%
June 30, 2020 55.04%
March 31, 2020 59.84%

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

55.04%
Minimum
Jun 2020
72.54%
Maximum
Sep 2023
65.45%
Average
65.31%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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