Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 71.15%
March 31, 2024 65.75%
December 31, 2023 69.14%
September 30, 2023 68.73%
June 30, 2023 67.24%
March 31, 2023 69.96%
December 31, 2022 68.39%
Date Value
September 30, 2022 73.51%
June 30, 2022 70.80%
March 31, 2022 73.05%
December 31, 2021 75.01%
September 30, 2021 21.74%
June 30, 2021 -125.0%
March 31, 2021 57.14%

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

-125.0%
Minimum
Jun 2021
75.01%
Maximum
Dec 2021
51.90%
Average
68.93%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics