Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 54.52%
June 30, 2024 55.68%
March 31, 2024 57.07%
December 31, 2023 54.82%
September 30, 2023 55.75%
June 30, 2023 57.73%
March 31, 2023 57.38%
December 31, 2022 56.66%
September 30, 2022 58.15%
June 30, 2022 59.45%
March 31, 2022 54.00%
December 31, 2021 90.22%
September 30, 2021 49.00%
June 30, 2021 45.98%
March 31, 2021 50.53%
December 31, 2020 48.05%
September 30, 2020 51.59%
June 30, 2020 52.84%
March 31, 2020 56.60%
December 31, 2019 57.80%
September 30, 2019 55.43%
June 30, 2019 57.32%
March 31, 2019 60.17%
December 31, 2018 59.09%
Date Value
September 30, 2018 63.42%
June 30, 2018 58.86%
March 31, 2018 58.25%
December 31, 2017 54.06%
September 30, 2017 53.82%
June 30, 2017 56.67%
March 31, 2017 55.94%
December 31, 2016 19.15%
September 30, 2016 34.72%
June 30, 2016 35.18%
March 31, 2016 35.47%
December 31, 2015 21.11%
September 30, 2015 33.63%
June 30, 2015 34.65%
March 31, 2015 33.51%
December 31, 2014 35.62%
September 30, 2014 32.36%
June 30, 2014 25.37%
March 31, 2014 37.74%
December 31, 2013 36.01%
September 30, 2013 38.50%
June 30, 2013 37.03%
March 31, 2013 34.42%

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

45.98%
Minimum
Jun 2021
90.22%
Maximum
Dec 2021
56.19%
Average
55.71%
Median

Gross Profit Margin (Quarterly) Benchmarks