Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.23%
March 31, 2024 45.67%
December 31, 2023 43.07%
September 30, 2023 33.44%
June 30, 2023 43.05%
March 31, 2023 46.36%
December 31, 2022 46.51%
September 30, 2022 43.63%
June 30, 2022 44.54%
March 31, 2022 44.48%
December 31, 2021 47.05%
September 30, 2021 43.04%
June 30, 2021 42.50%
March 31, 2021 45.77%
December 31, 2020 51.40%
September 30, 2020 38.14%
June 30, 2020 43.06%
March 31, 2020 40.75%
December 31, 2019 46.82%
September 30, 2019 49.43%
June 30, 2019 47.68%
March 31, 2019 47.06%
December 31, 2018 47.43%
September 30, 2018 47.55%
June 30, 2018 47.12%
Date Value
March 31, 2018 38.04%
December 31, 2017 50.42%
September 30, 2017 49.81%
June 30, 2017 49.52%
March 31, 2017 48.23%
December 31, 2016 49.69%
September 30, 2016 48.03%
June 30, 2016 48.37%
March 31, 2016 48.35%
December 31, 2015 47.15%
September 30, 2015 46.73%
June 30, 2015 37.63%
March 31, 2015 51.00%
December 31, 2014 50.95%
September 30, 2014 50.05%
June 30, 2014 51.51%
March 31, 2014 50.82%
December 31, 2013 51.36%
September 30, 2013 51.74%
June 30, 2013 51.63%
March 31, 2013 50.90%
December 31, 2012 52.95%
September 30, 2012 50.89%
June 30, 2012 52.16%
March 31, 2012 51.21%

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

33.44%
Minimum
Sep 2023
51.40%
Maximum
Dec 2020
43.97%
Average
44.48%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks