Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 48.07%
March 31, 2024 46.40%
December 31, 2023 47.89%
September 30, 2023 47.26%
June 30, 2023 46.52%
March 31, 2023 44.83%
December 31, 2022 47.20%
September 30, 2022 46.95%
June 30, 2022 47.48%
March 31, 2022 46.97%
December 31, 2021 49.86%
September 30, 2021 49.33%
June 30, 2021 48.59%
March 31, 2021 47.23%
December 31, 2020 50.67%
September 30, 2020 49.71%
June 30, 2020 48.14%
March 31, 2020 48.14%
December 31, 2019 50.59%
September 30, 2019 50.14%
June 30, 2019 48.47%
March 31, 2019 47.04%
December 31, 2018 57.45%
September 30, 2018 49.27%
June 30, 2018 49.13%
Date Value
March 31, 2018 47.42%
December 31, 2017 49.71%
September 30, 2017 48.77%
June 30, 2017 47.87%
March 31, 2017 45.50%
December 31, 2016 38.26%
September 30, 2016 52.48%
June 30, 2016 52.10%
March 31, 2016 50.61%
December 31, 2015 52.88%
September 30, 2015 52.16%
June 30, 2015 52.74%
March 31, 2015 50.94%
December 31, 2014 54.13%
September 30, 2014 53.39%
June 30, 2014 53.49%
March 31, 2014 52.62%
December 31, 2013 49.73%
September 30, 2013 54.21%
June 30, 2013 54.55%
March 31, 2013 52.27%
December 31, 2012 49.23%
September 30, 2012 53.49%
June 30, 2012 53.48%
March 31, 2012 51.62%

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

44.83%
Minimum
Mar 2023
50.67%
Maximum
Dec 2020
47.99%
Average
47.89%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics