Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 64.94%
March 31, 2024 61.42%
December 31, 2023 61.66%
September 30, 2023 63.20%
June 30, 2023 65.49%
March 31, 2023 66.02%
December 31, 2022 66.58%
September 30, 2022 65.17%
June 30, 2022 63.87%
March 31, 2022 66.52%
December 31, 2021 50.86%
Date Value
September 30, 2021 71.78%
June 30, 2021 70.58%
March 31, 2021 62.67%
December 31, 2020 54.80%
September 30, 2020 66.32%
June 30, 2020 73.66%
March 31, 2020 74.64%
December 31, 2019 66.09%
September 30, 2019 73.74%
December 31, 2018 66.67%

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

50.86%
Minimum
Dec 2021
74.64%
Maximum
Mar 2020
65.07%
Average
65.49%
Median
Jun 2023

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