Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 66.88%
March 31, 2024 66.67%
December 31, 2023 67.55%
September 30, 2023 65.29%
June 30, 2023 64.60%
March 31, 2023 62.65%
December 31, 2022 67.22%
September 30, 2022 64.38%
June 30, 2022 66.58%
March 31, 2022 65.49%
September 30, 2021 68.57%
June 30, 2021 68.13%
March 31, 2021 63.11%
December 31, 2020 70.36%
September 30, 2020 64.56%
September 30, 2019 69.94%
June 30, 2019 70.54%
March 31, 2019 68.86%
December 31, 2018 71.50%
September 30, 2018 70.56%
June 30, 2018 71.09%
March 31, 2018 69.19%
December 31, 2017 72.11%
September 30, 2017 71.46%
June 30, 2017 73.63%
Date Value
March 31, 2017 70.44%
December 31, 2016 73.41%
September 30, 2016 71.86%
June 30, 2016 74.24%
March 31, 2016 71.03%
December 31, 2015 75.62%
September 30, 2015 72.62%
June 30, 2015 73.28%
March 31, 2015 70.91%
December 31, 2014 73.70%
September 30, 2014 72.37%
June 30, 2014 72.66%
March 31, 2014 70.33%
December 31, 2013 72.41%
September 30, 2013 71.12%
June 30, 2013 73.28%
March 31, 2013 70.70%
December 31, 2012 74.93%
September 30, 2012 71.58%
June 30, 2012 71.52%
March 31, 2012 70.81%
December 31, 2011 23.97%
September 30, 2011 85.56%
June 30, 2011 86.27%
March 31, 2011 84.97%

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

62.65%
Minimum
Mar 2023
70.36%
Maximum
Dec 2020
66.14%
Average
66.58%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics