Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 43.69%
September 30, 2023 43.98%
June 30, 2023 46.21%
March 31, 2023 43.38%
December 31, 2022 43.57%
September 30, 2022 42.25%
June 30, 2022 43.32%
March 31, 2022 44.10%
December 31, 2021 43.29%
September 30, 2021 43.94%
June 30, 2021 45.28%
March 31, 2021 44.67%
December 31, 2020 44.30%
September 30, 2020 45.29%
June 30, 2020 39.14%
March 31, 2020 41.89%
December 31, 2019 40.96%
September 30, 2019 41.63%
June 30, 2019 41.02%
March 31, 2019 41.10%
December 31, 2018 39.63%
September 30, 2018 40.16%
June 30, 2018 41.07%
March 31, 2018 40.31%
December 31, 2017 39.88%
Date Value
September 30, 2017 39.18%
June 30, 2017 41.18%
March 31, 2017 40.68%
December 31, 2016 38.55%
September 30, 2016 41.34%
June 30, 2016 42.76%
March 31, 2016 42.14%
December 31, 2015 43.11%
September 30, 2015 42.79%
June 30, 2015 44.07%
March 31, 2015 43.31%
December 31, 2014 42.98%
September 30, 2014 43.33%
June 30, 2014 43.44%
March 31, 2014 40.75%
December 31, 2013 40.91%
September 30, 2013 41.84%
June 30, 2013 43.74%
March 31, 2013 43.50%
December 31, 2012 43.52%
September 30, 2012 43.19%
June 30, 2012 44.20%
March 31, 2012 43.77%
December 31, 2011 46.44%
September 30, 2011 45.42%

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

39.14%
Minimum
Jun 2020
46.21%
Maximum
Jun 2023
43.15%
Average
43.48%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics