Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.27%
March 31, 2024 47.74%
December 31, 2023 46.42%
September 30, 2023 54.85%
June 30, 2023 44.77%
March 31, 2023 38.70%
December 31, 2022 35.39%
September 30, 2022 47.40%
June 30, 2022 43.68%
March 31, 2022 41.09%
December 31, 2021 39.29%
September 30, 2021 53.34%
June 30, 2021 47.08%
March 31, 2021 46.30%
December 31, 2020 45.03%
September 30, 2020 54.98%
June 30, 2020 53.22%
March 31, 2020 43.12%
December 31, 2019 40.65%
September 30, 2019 54.19%
June 30, 2019 46.92%
March 31, 2019 42.54%
December 31, 2018 36.43%
September 30, 2018 52.26%
June 30, 2018 47.66%
Date Value
March 31, 2018 39.87%
December 31, 2017 39.53%
September 30, 2017 53.57%
June 30, 2017 47.23%
March 31, 2017 38.35%
December 31, 2016 30.38%
September 30, 2016 55.46%
June 30, 2016 45.55%
March 31, 2016 37.73%
December 31, 2015 34.10%
September 30, 2015 52.10%
June 30, 2015 44.40%
March 31, 2015 36.89%
December 31, 2014 31.02%
September 30, 2014 52.04%
June 30, 2014 43.62%
March 31, 2014 34.76%
December 31, 2013 34.27%
September 30, 2013 52.69%
June 30, 2013 39.20%
March 31, 2013 32.68%
December 31, 2012 31.08%
September 30, 2012 49.91%
June 30, 2012 44.37%
March 31, 2012 31.02%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

35.39%
Minimum
Dec 2022
54.98%
Maximum
Sep 2020
46.02%
Average
46.30%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics