Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 71.82%
March 31, 2024 66.58%
December 31, 2023 63.08%
September 30, 2023 60.67%
June 30, 2023 70.20%
March 31, 2023 59.20%
December 31, 2022 61.66%
September 30, 2022 63.67%
June 30, 2022
March 31, 2022 48.23%
December 31, 2021 49.16%
September 30, 2021 43.49%
June 30, 2021 92.77%
March 31, 2021 90.13%
December 31, 2020 93.88%
September 30, 2020 86.55%
June 30, 2020 92.49%
March 31, 2020 87.97%
December 31, 2019 87.68%
September 30, 2019 89.14%
June 30, 2019 92.02%
March 31, 2019 90.30%
December 31, 2018 89.50%
September 30, 2018 88.41%
June 30, 2018 91.17%
Date Value
March 31, 2018 90.00%
December 31, 2017 88.54%
September 30, 2017 89.93%
June 30, 2017 91.04%
March 31, 2017 89.72%
December 31, 2016 90.35%
September 30, 2016 90.42%
June 30, 2016 89.68%
March 31, 2016 89.92%
December 31, 2015 90.02%
September 30, 2015 89.22%
June 30, 2015 88.95%
March 31, 2015 88.94%
December 31, 2014 88.62%
September 30, 2014 88.44%
June 30, 2014 87.32%
March 31, 2014 85.24%
December 31, 2013 87.40%
September 30, 2013 86.21%
June 30, 2013 84.40%
March 31, 2013 84.06%
December 31, 2012 84.00%
September 30, 2012 82.73%
June 30, 2012 79.54%
March 31, 2012 79.73%

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

43.49%
Minimum
Sep 2021
93.88%
Maximum
Dec 2020
71.62%
Average
68.39%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics