Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 64.76%
June 30, 2024 65.24%
March 31, 2024 65.73%
December 31, 2023 64.10%
September 30, 2023 63.31%
June 30, 2023 61.42%
March 31, 2023 63.68%
December 31, 2022 61.77%
September 30, 2022 60.40%
June 30, 2022 58.97%
March 31, 2022 56.15%
December 31, 2021 57.81%
September 30, 2021 58.20%
June 30, 2021 59.03%
March 31, 2021 61.88%
December 31, 2020 64.21%
September 30, 2020 61.48%
June 30, 2020 65.40%
March 31, 2020 61.84%
December 31, 2019 62.58%
September 30, 2019 62.84%
June 30, 2019 63.38%
Date Value
March 31, 2019 65.33%
December 31, 2018 65.12%
September 30, 2018 62.46%
June 30, 2018 65.08%
March 31, 2018 69.41%
December 31, 2017 68.60%
September 30, 2017 64.62%
June 30, 2017 65.30%
March 31, 2017 64.10%
December 31, 2016 61.72%
September 30, 2016 61.14%
June 30, 2016 60.91%
March 31, 2016 64.24%
December 31, 2015 64.67%
September 30, 2015 63.03%
June 30, 2015 60.56%
March 31, 2015 63.47%
December 31, 2014 61.35%
September 30, 2014 59.03%
June 30, 2014 57.17%
March 31, 2014 62.01%

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

56.15%
Minimum
Mar 2022
65.73%
Maximum
Mar 2024
61.90%
Average
61.86%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics