Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.57%
March 31, 2024 39.59%
December 31, 2023 28.26%
September 30, 2023 34.95%
June 30, 2023 37.71%
March 31, 2023 37.24%
December 31, 2022 31.57%
September 30, 2022 33.72%
June 30, 2022 35.38%
March 31, 2022 32.51%
December 31, 2021 16.53%
September 30, 2021 26.44%
June 30, 2021 40.54%
March 31, 2021 55.18%
December 31, 2020 54.14%
September 30, 2020 57.21%
June 30, 2020 54.65%
March 31, 2020 62.44%
December 31, 2019 63.24%
September 30, 2019 68.29%
June 30, 2019 70.63%
March 31, 2019 71.46%
December 31, 2018 68.66%
September 30, 2018 69.66%
June 30, 2018 70.32%
Date Value
March 31, 2018 64.25%
December 31, 2017 58.69%
September 30, 2017 63.02%
June 30, 2017 62.59%
March 31, 2017 60.76%
December 31, 2016 60.73%
September 30, 2016 56.87%
June 30, 2016 56.14%
March 31, 2016 58.37%
December 31, 2015 62.63%
September 30, 2015 59.65%
June 30, 2015 54.69%
March 31, 2015 58.81%
December 31, 2014 59.76%
September 30, 2014 47.32%
June 30, 2014 45.00%
March 31, 2014 43.75%
December 31, 2013 40.20%
September 30, 2013 40.95%
June 30, 2013 35.56%
March 31, 2013 52.11%
December 31, 2012 36.69%
September 30, 2012 35.41%
June 30, 2012 41.52%
March 31, 2012 58.59%

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

16.53%
Minimum
Dec 2021
63.24%
Maximum
Dec 2019
41.78%
Average
37.71%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics