Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.15%
March 31, 2024 54.47%
December 31, 2023 41.97%
September 30, 2023 55.27%
June 30, 2023 52.56%
March 31, 2023 54.46%
December 31, 2022 36.50%
September 30, 2022 56.96%
June 30, 2022 55.86%
March 31, 2022 60.09%
December 31, 2021 45.95%
September 30, 2021 53.34%
June 30, 2021 56.07%
March 31, 2021 59.44%
December 31, 2020 43.45%
September 30, 2020 48.96%
June 30, 2020 56.29%
March 31, 2020 53.15%
December 31, 2019 45.72%
September 30, 2019 50.60%
June 30, 2019 50.07%
March 31, 2019 56.63%
December 31, 2018 47.94%
September 30, 2018 50.29%
June 30, 2018 50.51%
Date Value
March 31, 2018 56.76%
December 31, 2017 47.05%
September 30, 2017 50.20%
June 30, 2017 52.87%
March 31, 2017 58.54%
December 31, 2016 50.02%
September 30, 2016 46.62%
June 30, 2016 55.39%
March 31, 2016 61.18%
December 31, 2015 52.55%
September 30, 2015 53.64%
June 30, 2015 56.79%
March 31, 2015 60.79%
December 31, 2014 53.76%
September 30, 2014 51.39%
June 30, 2014 55.56%
March 31, 2014 58.60%
December 31, 2013 46.96%
September 30, 2013 60.27%
June 30, 2013 63.71%
March 31, 2013 64.22%
December 31, 2012 56.77%
September 30, 2012 60.96%
June 30, 2012 65.09%
March 31, 2012 67.84%

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

36.50%
Minimum
Dec 2022
60.09%
Maximum
Mar 2022
51.88%
Average
54.46%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks