Apple Inc (AAPL)
169.02
+2.12
(+1.27%)
USD |
NASDAQ |
Apr 24, 16:00
169.10
+0.08
(+0.05%)
Pre-Market: 08:36
Apple Gross Profit Margin (Quarterly): 45.88% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 45.88% |
| September 30, 2023 | 45.17% |
| June 30, 2023 | 44.52% |
| March 31, 2023 | 44.26% |
| December 31, 2022 | 42.96% |
| September 30, 2022 | 42.26% |
| June 30, 2022 | 43.26% |
| March 31, 2022 | 43.75% |
| December 31, 2021 | 43.76% |
| September 30, 2021 | 42.20% |
| June 30, 2021 | 43.29% |
| March 31, 2021 | 42.51% |
| December 31, 2020 | 39.78% |
| September 30, 2020 | 38.16% |
| June 30, 2020 | 38.00% |
| March 31, 2020 | 38.36% |
| December 31, 2019 | 38.35% |
| September 30, 2019 | 37.97% |
| June 30, 2019 | 37.59% |
| March 31, 2019 | 37.61% |
| December 31, 2018 | 37.99% |
| September 30, 2018 | 38.29% |
| June 30, 2018 | 38.34% |
| March 31, 2018 | 38.31% |
| December 31, 2017 | 38.41% |
| Date | Value |
|---|---|
| September 30, 2017 | 37.91% |
| June 30, 2017 | 38.51% |
| March 31, 2017 | 38.93% |
| December 31, 2016 | 38.51% |
| September 30, 2016 | 38.02% |
| June 30, 2016 | 38.02% |
| March 31, 2016 | 39.40% |
| December 31, 2015 | 40.10% |
| September 30, 2015 | 39.90% |
| June 30, 2015 | 39.68% |
| March 31, 2015 | 40.78% |
| December 31, 2014 | 39.87% |
| September 30, 2014 | 38.01% |
| June 30, 2014 | 39.36% |
| March 31, 2014 | 39.32% |
| December 31, 2013 | 37.93% |
| September 30, 2013 | 37.02% |
| June 30, 2013 | 36.87% |
| March 31, 2013 | 37.50% |
| December 31, 2012 | 38.63% |
| September 30, 2012 | 40.04% |
| June 30, 2012 | 42.81% |
| March 31, 2012 | 47.37% |
| December 31, 2011 | 44.68% |
| September 30, 2011 | 40.25% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
37.59%
Minimum
Jun 2019
45.88%
Maximum
Dec 2023
41.69%
Average
42.51%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| Cisco Systems Inc | 64.24% |
| Advanced Micro Devices Inc | 47.20% |
| Intel Corp | 45.74% |
| Micron Technology Inc | 18.53% |
| Super Micro Computer Inc | 15.40% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 160.0% |
| Return on Assets | 29.33% |
| Return on Invested Capital | 58.36% |
| Profit Margin (Quarterly) | 28.36% |
| Operating Margin (Quarterly) | 33.76% |
| Return on Net Operating Assets | 82.27% |