Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.02%
March 31, 2024 51.22%
December 31, 2023 47.85%
September 30, 2023 50.44%
June 30, 2023 48.79%
March 31, 2023 43.79%
December 31, 2022 44.39%
September 30, 2022 41.78%
June 30, 2022 38.51%
March 31, 2022 40.40%
December 31, 2021 39.95%
September 30, 2021 39.71%
June 30, 2021 43.41%
March 31, 2021 41.13%
December 31, 2020 48.86%
September 30, 2020 47.60%
June 30, 2020 43.32%
March 31, 2020 46.13%
December 31, 2019 41.85%
September 30, 2019 42.22%
June 30, 2019 42.59%
March 31, 2019 39.49%
December 31, 2018 37.09%
September 30, 2018 41.47%
June 30, 2018 42.82%
Date Value
March 31, 2018 39.50%
December 31, 2017 41.64%
September 30, 2017 43.34%
June 30, 2017 44.61%
March 31, 2017 39.71%
December 31, 2016 40.96%
September 30, 2016 43.33%
June 30, 2016 44.79%
March 31, 2016 41.32%
December 31, 2015 39.07%
September 30, 2015 41.31%
June 30, 2015 43.56%
March 31, 2015 39.55%
March 31, 2011 36.56%
December 31, 2010 -1.58K%
September 30, 2010 1.55%
June 30, 2010 45.38%
March 31, 2010 35.79%
December 31, 2009 54.94%
September 30, 2009 42.92%
June 30, 2009 42.00%
March 31, 2009 43.94%
December 31, 2008 28.06%
September 30, 2008 -4.78%
June 30, 2008 36.87%

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

38.51%
Minimum
Jun 2022
52.02%
Maximum
Jun 2024
44.80%
Average
43.79%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics