Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 37.72%
June 30, 2024 37.34%
March 31, 2024 38.29%
December 31, 2023 37.52%
September 30, 2023 39.14%
June 30, 2023 40.42%
March 31, 2023 40.37%
December 31, 2022 40.82%
September 30, 2022 42.79%
June 30, 2022 40.59%
March 31, 2022 42.18%
December 31, 2021 41.31%
September 30, 2021 43.68%
June 30, 2021 44.32%
March 31, 2021 45.08%
December 31, 2020 45.72%
September 30, 2020 46.29%
Date Value
June 30, 2020 45.29%
March 31, 2020 46.94%
December 31, 2019 46.81%
September 30, 2019 45.27%
June 30, 2019 46.97%
March 31, 2019 46.05%
December 31, 2018 45.09%
September 30, 2018 45.55%
June 30, 2018 45.00%
March 31, 2018 52.15%
December 31, 2017 46.24%
September 30, 2017 45.40%
June 30, 2017 43.60%
March 31, 2017 45.57%
December 31, 2016 45.72%
September 30, 2016 44.27%

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

37.34%
Minimum
Jun 2024
46.94%
Maximum
Mar 2020
42.13%
Average
41.75%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics