Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 56.64%
June 30, 2024 64.21%
Date Value
March 31, 2024 64.09%
December 31, 2023 68.04%

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

56.64%
Minimum
Sep 2024
68.04%
Maximum
Dec 2023
63.25%
Average
64.15%
Median

Gross Profit Margin (Quarterly) Benchmarks

AeroVironment Inc 42.99%
Boeing Co -19.66%
Moog Inc 26.76%
Textron Inc 14.36%
Rocket Lab USA Inc 26.71%

Gross Profit Margin (Quarterly) Related Metrics