Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 63.37%
March 31, 2024 66.99%
December 31, 2023 64.25%
September 30, 2023 64.84%
June 30, 2023 66.71%
March 31, 2023 64.23%
December 31, 2022 65.36%
September 30, 2022 62.14%
June 30, 2022 68.46%
March 31, 2022 71.70%
December 31, 2021 69.76%
September 30, 2021 72.71%
June 30, 2021 73.09%
March 31, 2021 73.88%
December 31, 2020 71.93%
September 30, 2020 73.70%
June 30, 2020 64.99%
March 31, 2020 72.76%
December 31, 2019 49.89%
September 30, 2019 50.80%
June 30, 2019 49.46%
Date Value
March 31, 2019 42.91%
December 31, 2018 40.20%
September 30, 2018 21.42%
June 30, 2018 43.44%
March 31, 2018 25.94%
December 31, 2017 28.22%
September 30, 2017 24.27%
June 30, 2017 26.73%
March 31, 2017 18.81%
December 31, 2016 13.13%
September 30, 2016 14.83%
June 30, 2016 14.08%
March 31, 2016 14.82%
December 31, 2015 -8.73%
September 30, 2015 30.11%
June 30, 2015 20.45%
March 31, 2015 13.59%
December 31, 2014 38.86%
September 30, 2014 2.62%
June 30, 2014 6.85%
March 31, 2014 89.51%

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

49.89%
Minimum
Dec 2019
73.88%
Maximum
Mar 2021
67.41%
Average
66.99%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics