Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.10%
March 31, 2024 42.52%
December 31, 2023 53.39%
September 30, 2023 38.10%
June 30, 2023 41.41%
March 31, 2023 40.92%
December 31, 2022 57.50%
September 30, 2022 38.44%
June 30, 2022 44.02%
March 31, 2022 50.03%
December 31, 2021 74.97%
September 30, 2021 47.18%
June 30, 2021 45.92%
March 31, 2021 49.01%
December 31, 2020 45.02%
September 30, 2020 40.22%
June 30, 2020 44.85%
March 31, 2020 45.14%
December 31, 2019 42.74%
September 30, 2019 50.14%
June 30, 2019 54.55%
Date Value
March 31, 2019 57.16%
December 31, 2018 47.38%
September 30, 2018 57.14%
June 30, 2018 59.71%
March 31, 2018 62.90%
December 31, 2017 52.31%
September 30, 2017 52.95%
June 30, 2017 55.55%
March 31, 2017 65.71%
December 31, 2016 54.50%
September 30, 2016 50.69%
June 30, 2016 52.75%
March 31, 2016 54.42%
December 31, 2015 51.25%
September 30, 2015 51.27%
June 30, 2015 50.71%
March 31, 2015 51.35%
December 31, 2014 50.15%
September 30, 2014 50.89%
June 30, 2014 53.31%
March 31, 2014 52.74%

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

38.10%
Minimum
Sep 2023
74.97%
Maximum
Dec 2021
46.66%
Average
45.02%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics