Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 60.02%
March 31, 2024 60.57%
December 31, 2023 59.77%
September 30, 2023 61.12%
June 30, 2023 63.89%
March 31, 2023 65.51%
December 31, 2022 62.33%
September 30, 2022 62.21%
June 30, 2022 63.41%
Date Value
March 31, 2022 66.96%
December 31, 2021 63.65%
September 30, 2021 61.33%
June 30, 2021 60.51%
March 31, 2021 61.59%
December 31, 2020 57.75%
September 30, 2020 57.28%
June 30, 2020 62.02%
March 31, 2020 62.43%

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

57.28%
Minimum
Sep 2020
66.96%
Maximum
Mar 2022
61.80%
Average
61.80%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics