Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 51.40%
June 30, 2024 47.80%
March 31, 2024 51.99%
December 31, 2023 46.43%
September 30, 2023 52.51%
June 30, 2023 47.48%
March 31, 2023 53.85%
December 31, 2022 49.57%
September 30, 2022 49.34%
June 30, 2022 42.30%
March 31, 2022 46.66%
December 31, 2021 47.77%
September 30, 2021 44.30%
June 30, 2021 40.25%
March 31, 2021 41.26%
December 31, 2020 43.18%
September 30, 2020 42.67%
Date Value
June 30, 2020 49.57%
March 31, 2020 42.01%
December 31, 2019 50.56%
September 30, 2019 48.63%
June 30, 2019 45.26%
March 31, 2019 43.10%
December 31, 2018 49.48%
September 30, 2018 44.38%
June 30, 2018 41.80%
March 31, 2018 52.57%
December 31, 2017 53.36%
September 30, 2017 44.96%
June 30, 2017 39.38%
March 31, 2017 42.44%
December 31, 2016 52.87%
September 30, 2016 59.44%

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

40.25%
Minimum
Jun 2021
53.85%
Maximum
Mar 2023
47.04%
Average
47.62%
Median

Gross Profit Margin (Quarterly) Benchmarks