Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 68.71%
June 30, 2024 69.17%
March 31, 2024 68.65%
December 31, 2023 69.21%
September 30, 2023 68.78%
June 30, 2023 70.63%
March 31, 2023 69.31%
December 31, 2022 68.82%
September 30, 2022 69.12%
June 30, 2022 68.50%
March 31, 2022 68.44%
December 31, 2021 70.13%
September 30, 2021 68.83%
June 30, 2021 68.90%
March 31, 2021 67.08%
December 31, 2020 62.61%
September 30, 2020 66.87%
June 30, 2020 60.11%
March 31, 2020 67.83%
December 31, 2019 70.11%
September 30, 2019 70.74%
June 30, 2019 70.54%
March 31, 2019 70.08%
December 31, 2018 70.83%
September 30, 2018 71.21%
Date Value
June 30, 2018 69.64%
March 31, 2018 71.00%
December 31, 2017 71.26%
September 30, 2017 70.61%
June 30, 2017 71.24%
March 31, 2017 69.12%
December 31, 2016 70.84%
September 30, 2016 70.83%
June 30, 2016 69.00%
March 31, 2016 69.86%
December 31, 2015 70.17%
September 30, 2015 70.55%
June 30, 2015 69.72%
March 31, 2015 69.63%
December 31, 2014 69.05%
September 30, 2014 69.07%
June 30, 2014 68.61%
March 31, 2014 67.47%
December 31, 2013 68.39%
September 30, 2013 68.99%
June 30, 2013 68.10%
March 31, 2013 64.85%
December 31, 2012 66.50%
September 30, 2012 66.17%
June 30, 2012 65.75%

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

60.11%
Minimum
Jun 2020
70.63%
Maximum
Jun 2023
68.09%
Average
68.80%
Median

Gross Profit Margin (Quarterly) Benchmarks