Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 53.96%
March 31, 2024 51.67%
December 31, 2023 52.07%
September 30, 2023 49.34%
June 30, 2023 45.47%
March 31, 2023 47.71%
December 31, 2022 52.30%
September 30, 2022 47.58%
June 30, 2022 47.87%
March 31, 2022 47.33%
December 31, 2021 48.11%
September 30, 2021 41.35%
June 30, 2021 39.89%
March 31, 2021 40.92%
December 31, 2020 34.90%
September 30, 2020 38.06%
June 30, 2020 43.03%
March 31, 2020 38.40%
December 31, 2019 41.42%
September 30, 2019 32.50%
June 30, 2019 47.90%
March 31, 2019 46.36%
December 31, 2018 45.82%
September 30, 2018 40.84%
June 30, 2018 35.34%
Date Value
March 31, 2018 31.34%
December 31, 2017 17.61%
September 30, 2017 29.41%
June 30, 2017 28.91%
March 31, 2017 32.90%
December 31, 2016 33.55%
September 30, 2016 32.58%
June 30, 2016 36.22%
March 31, 2016 33.26%
December 31, 2015 36.53%
September 30, 2015 36.22%
June 30, 2015 37.16%
March 31, 2015 36.03%
December 31, 2014 38.20%
September 30, 2014 35.90%
June 30, 2014 28.64%
March 31, 2014 36.15%
December 31, 2013 33.40%
September 30, 2013 33.16%
June 30, 2013 34.34%
March 31, 2013 34.15%
December 31, 2012 37.07%
September 30, 2012 35.34%
June 30, 2012 37.18%
March 31, 2012 31.63%

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

34.90%
Minimum
Dec 2020
53.96%
Maximum
Jun 2024
45.34%
Average
47.33%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks