Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.95%
March 31, 2024 46.10%
December 31, 2023 44.86%
September 30, 2023 48.48%
June 30, 2023 47.42%
March 31, 2023 46.74%
December 31, 2022 48.61%
September 30, 2022 48.61%
June 30, 2022 50.51%
March 31, 2022 51.65%
December 31, 2021 50.67%
September 30, 2021 50.64%
June 30, 2021 51.88%
March 31, 2021 50.52%
December 31, 2020 47.94%
September 30, 2020 48.49%
June 30, 2020 45.79%
March 31, 2020 44.92%
December 31, 2019 47.71%
September 30, 2019 46.87%
June 30, 2019 48.24%
March 31, 2019 50.46%
December 31, 2018 50.39%
September 30, 2018 50.16%
June 30, 2018 48.91%
Date Value
March 31, 2018 47.65%
December 31, 2017 47.69%
September 30, 2017 49.34%
June 30, 2017 49.18%
March 31, 2017 48.66%
December 31, 2016 46.87%
September 30, 2016 44.35%
June 30, 2016 50.45%
March 31, 2016 42.23%
December 31, 2015 -9.70%
September 30, 2015 44.83%
June 30, 2015 42.72%
March 31, 2015 45.14%
December 31, 2014 45.88%
September 30, 2014 44.42%
June 30, 2014 49.51%
March 31, 2014 45.82%
December 31, 2013 28.68%
September 30, 2013 44.57%
June 30, 2013 44.10%
March 31, 2013 45.39%
December 31, 2012 33.78%
September 30, 2012 48.10%
June 30, 2012 48.22%
March 31, 2012 41.99%

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

44.86%
Minimum
Dec 2023
51.88%
Maximum
Jun 2021
48.50%
Average
48.49%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics