Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.12%
March 31, 2024 45.70%
December 31, 2023 44.59%
September 30, 2023 44.39%
June 30, 2023 43.93%
March 31, 2023 43.50%
December 31, 2022 41.96%
September 30, 2022 41.73%
June 30, 2022 41.15%
March 31, 2022 42.59%
December 31, 2021 42.46%
September 30, 2021 44.17%
June 30, 2021 43.44%
March 31, 2021 44.47%
December 31, 2020 43.03%
September 30, 2020 45.54%
June 30, 2020 46.86%
March 31, 2020 45.66%
December 31, 2019 45.80%
September 30, 2019 46.60%
June 30, 2019 44.61%
March 31, 2019 45.07%
December 31, 2018 44.15%
September 30, 2018 44.34%
June 30, 2018 44.26%
Date Value
March 31, 2018 44.88%
December 31, 2017 46.60%
September 30, 2017 45.30%
June 30, 2017 45.70%
March 31, 2017 45.52%
December 31, 2016 45.54%
September 30, 2016 45.43%
June 30, 2016 46.50%
March 31, 2016 44.64%
December 31, 2015 45.49%
September 30, 2015 44.77%
June 30, 2015 44.04%
March 31, 2015 43.76%
December 31, 2014 45.01%
September 30, 2014 43.66%
June 30, 2014 44.09%
March 31, 2014 43.40%
December 31, 2013 45.19%
September 30, 2013 45.38%
June 30, 2013 44.57%
March 31, 2013 44.92%
December 31, 2012 44.26%
September 30, 2012 45.16%
June 30, 2012 43.51%
March 31, 2012 43.80%

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

41.15%
Minimum
Jun 2022
47.12%
Maximum
Jun 2024
44.11%
Average
44.17%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics