Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 60.25%
March 31, 2024 56.44%
December 31, 2023 61.06%
September 30, 2023 61.72%
June 30, 2023 61.96%
March 31, 2023 59.50%
December 31, 2022 61.19%
September 30, 2022 61.99%
June 30, 2022 60.91%
March 31, 2022 60.73%
December 31, 2021 62.07%
September 30, 2021 62.32%
June 30, 2021 63.04%
March 31, 2021 63.25%
December 31, 2020 62.49%
September 30, 2020 59.02%
June 30, 2020 62.42%
March 31, 2020 60.21%
December 31, 2019 53.91%
September 30, 2019 61.27%
June 30, 2019 58.35%
March 31, 2019 59.51%
December 31, 2018 56.93%
September 30, 2018 62.61%
June 30, 2018 63.64%
Date Value
March 31, 2018 63.69%
December 31, 2017 66.58%
September 30, 2017 55.13%
June 30, 2017 57.30%
March 31, 2017 61.42%
December 31, 2016 60.64%
September 30, 2016 64.78%
June 30, 2016 63.48%
March 31, 2016 66.45%
December 31, 2015 66.00%
September 30, 2015 61.67%
June 30, 2015 65.77%
March 31, 2015 66.73%
December 31, 2014 58.55%
September 30, 2014 64.74%
June 30, 2014 62.45%
March 31, 2014 61.37%
December 31, 2013 63.85%
September 30, 2013 62.78%
June 30, 2013 61.36%
March 31, 2013 60.63%
December 31, 2012 59.68%
September 30, 2012 58.40%
June 30, 2012 58.47%
March 31, 2012 59.44%

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

53.91%
Minimum
Dec 2019
63.25%
Maximum
Mar 2021
60.76%
Average
61.19%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics