Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.10%
March 31, 2024 45.55%
December 31, 2023 44.63%
September 30, 2023 45.74%
June 30, 2023 45.89%
March 31, 2023 42.45%
December 31, 2022 49.05%
September 30, 2022 50.77%
June 30, 2022 48.96%
March 31, 2022 48.55%
December 31, 2021 45.51%
September 30, 2021 47.32%
June 30, 2021 44.16%
March 31, 2021 41.04%
December 31, 2020 42.55%
September 30, 2020 41.89%
June 30, 2020 44.32%
March 31, 2020 38.95%
December 31, 2019 38.98%
September 30, 2019 37.52%
June 30, 2019 39.28%
March 31, 2019 40.28%
December 31, 2018 35.11%
September 30, 2018 31.63%
June 30, 2018 28.89%
Date Value
March 31, 2018 32.85%
December 31, 2017 32.59%
September 30, 2017 35.27%
June 30, 2017 34.00%
March 31, 2017 -6.22%
December 31, 2016 15.11%
September 30, 2016 13.81%
June 30, 2016 12.21%
March 31, 2016 11.41%
December 31, 2015 15.84%
September 30, 2015 0.37%
June 30, 2015 12.17%
March 31, 2015 9.11%
December 31, 2014 28.30%
September 30, 2014 32.97%
June 30, 2014 25.46%
March 31, 2014 30.76%
December 31, 2013 28.39%
September 30, 2013 35.28%
June 30, 2013 34.83%
March 31, 2013 29.47%
December 31, 2012 54.76%
September 30, 2012 58.77%
June 30, 2012 47.91%
March 31, 2012 43.41%

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

38.95%
Minimum
Mar 2020
50.77%
Maximum
Sep 2022
44.86%
Average
45.51%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics