Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 76.29%
December 31, 2023 81.05%
September 30, 2023 80.30%
June 30, 2023 61.89%
March 31, 2023 36.84%
December 31, 2022 43.50%
September 30, 2022 65.84%
June 30, 2022 73.41%
Date Value
March 31, 2022 54.34%
December 31, 2021 65.87%
September 30, 2021 74.46%
June 30, 2021 60.60%
March 31, 2021 68.26%
December 31, 2020 91.55%
September 30, 2020 67.61%
June 30, 2020 91.59%

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

36.84%
Minimum
Mar 2023
91.59%
Maximum
Jun 2020
68.34%
Average
67.93%
Median

Gross Profit Margin (Quarterly) Benchmarks