Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.04%
March 31, 2024 36.53%
December 31, 2023 35.87%
September 30, 2023 36.97%
June 30, 2023 42.66%
March 31, 2023 61.82%
December 31, 2022 62.51%
September 30, 2022 61.85%
June 30, 2022 61.93%
March 31, 2022 61.49%
December 31, 2021 61.68%
September 30, 2021 61.71%
June 30, 2021 62.01%
March 31, 2021 61.10%
December 31, 2020 61.90%
September 30, 2020 61.69%
June 30, 2020 61.78%
March 31, 2020 60.32%
December 31, 2019 60.09%
September 30, 2019 59.65%
June 30, 2019 59.64%
March 31, 2019 59.63%
December 31, 2018 57.85%
September 30, 2018 58.03%
June 30, 2018 57.94%
Date Value
March 31, 2018 57.36%
December 31, 2017 56.94%
September 30, 2017 56.42%
June 30, 2017 57.32%
March 31, 2017 56.77%
December 31, 2016 56.67%
September 30, 2016 56.81%
June 30, 2016 56.46%
March 31, 2016 56.34%
December 31, 2015 56.42%
September 30, 2015 56.14%
June 30, 2015 57.07%
March 31, 2015 57.76%
December 31, 2014 57.58%
September 30, 2014 57.77%
June 30, 2014 58.14%
March 31, 2014 58.21%
December 31, 2013 57.27%
September 30, 2013 57.34%
June 30, 2013 56.79%
March 31, 2013 55.88%
December 31, 2012 54.43%
September 30, 2012 54.13%
June 30, 2012 54.88%
March 31, 2012 55.34%

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

35.87%
Minimum
Dec 2023
62.51%
Maximum
Dec 2022
55.47%
Average
61.68%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics