Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.18%
March 31, 2024 52.43%
December 31, 2023 53.98%
September 30, 2023 60.04%
June 30, 2023 49.92%
March 31, 2023 52.73%
December 31, 2022 52.71%
September 30, 2022 48.71%
June 30, 2022 51.31%
March 31, 2022 46.38%
December 31, 2021 46.52%
September 30, 2021 45.62%
June 30, 2021 46.60%
March 31, 2021 43.63%
December 31, 2020 38.40%
September 30, 2020 43.76%
June 30, 2020 38.67%
March 31, 2020 43.48%
December 31, 2019 40.03%
September 30, 2019 43.99%
June 30, 2019 40.97%
March 31, 2019 38.73%
December 31, 2018 38.68%
Date Value
September 30, 2018 38.73%
June 30, 2018 36.69%
March 31, 2018 29.07%
December 31, 2017 33.92%
September 30, 2017 35.49%
June 30, 2017 41.03%
March 31, 2017 40.28%
December 31, 2016 31.42%
September 30, 2016 42.99%
June 30, 2016 46.62%
March 31, 2016 41.95%
December 31, 2015 43.13%
September 30, 2015 27.52%
June 30, 2015 24.73%
March 31, 2015 23.34%
December 31, 2014 21.40%
September 30, 2014 19.75%
June 30, 2014 30.60%
March 31, 2014 27.27%
December 31, 2013 35.77%
September 30, 2013 34.19%
June 30, 2013 43.97%
March 31, 2013 36.93%

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

38.40%
Minimum
Dec 2020
60.04%
Maximum
Sep 2023
47.74%
Average
46.60%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics