Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 62.44%
March 31, 2024 62.33%
December 31, 2023 56.65%
September 30, 2023 61.02%
June 30, 2023 59.64%
March 31, 2023 56.86%
December 31, 2022 53.68%
September 30, 2022 56.39%
June 30, 2022 59.25%
March 31, 2022 61.12%
December 31, 2021 59.50%
September 30, 2021 62.81%
June 30, 2021 63.72%
March 31, 2021 57.12%
December 31, 2020 63.07%
September 30, 2020 64.64%
June 30, 2020 65.42%
March 31, 2020 62.63%
December 31, 2019 59.62%
September 30, 2019 61.00%
June 30, 2019 58.30%
March 31, 2019 58.42%
December 31, 2018 56.27%
September 30, 2018 55.19%
June 30, 2018 59.15%
Date Value
March 31, 2018 55.77%
December 31, 2017 58.73%
September 30, 2017 58.72%
June 30, 2017 58.57%
March 31, 2017 56.56%
December 31, 2016 53.91%
September 30, 2016 58.29%
June 30, 2016 58.93%
March 31, 2016 58.33%
December 31, 2015 53.58%
September 30, 2015 54.91%
June 30, 2015 56.04%
March 31, 2015 54.69%
December 31, 2014 50.11%
September 30, 2014 55.73%
June 30, 2014 54.10%
March 31, 2014 54.86%
December 31, 2013 48.19%
September 30, 2013 56.85%
June 30, 2013 56.67%
March 31, 2013 55.70%
December 31, 2012 54.77%
September 30, 2012 57.60%
June 30, 2012 59.90%
March 31, 2012 56.55%

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

53.68%
Minimum
Dec 2022
65.42%
Maximum
Jun 2020
60.42%
Average
61.02%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks