Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 55.53%
June 30, 2024 56.59%
March 31, 2024 54.81%
December 31, 2023 53.96%
September 30, 2023 56.14%
June 30, 2023 55.18%
March 31, 2023 52.97%
December 31, 2022 50.69%
September 30, 2022 53.72%
June 30, 2022 52.59%
March 31, 2022 52.02%
December 31, 2021 49.95%
September 30, 2021 53.43%
June 30, 2021 52.90%
March 31, 2021 52.83%
December 31, 2020 50.71%
September 30, 2020 54.10%
June 30, 2020 54.77%
March 31, 2020 53.11%
December 31, 2019 51.00%
September 30, 2019 53.96%
June 30, 2019 55.32%
March 31, 2019 54.00%
December 31, 2018 53.31%
September 30, 2018 54.55%
Date Value
June 30, 2018 55.46%
March 31, 2018 56.88%
December 31, 2017 52.89%
September 30, 2017 55.25%
June 30, 2017 54.59%
March 31, 2017 53.81%
December 31, 2016 53.60%
September 30, 2016 54.49%
June 30, 2016 53.60%
March 31, 2016 52.80%
December 31, 2015 51.55%
September 30, 2015 53.29%
June 30, 2015 53.01%
March 31, 2015 51.15%
December 31, 2014 49.44%
September 30, 2014 52.87%
June 30, 2014 53.59%
March 31, 2014 50.38%
December 31, 2013 50.80%
September 30, 2013 56.11%
June 30, 2013 54.88%
March 31, 2013 53.66%
December 31, 2012 53.56%
September 30, 2012 54.99%
June 30, 2012 54.17%

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

49.95%
Minimum
Dec 2021
56.59%
Maximum
Jun 2024
53.35%
Average
53.27%
Median

Gross Profit Margin (Quarterly) Benchmarks