Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 22.80%
June 30, 2024 29.23%
March 31, 2024 26.57%
December 31, 2023 25.02%
September 30, 2023 28.35%
June 30, 2023 30.24%
March 31, 2023 35.38%
December 31, 2022 48.97%
September 30, 2022 55.54%
June 30, 2022 56.30%
March 31, 2022 54.51%
December 31, 2021 59.83%
September 30, 2021 55.06%
June 30, 2021 54.19%
March 31, 2021 49.38%
December 31, 2020 46.13%
September 30, 2020 42.21%
June 30, 2020 46.50%
March 31, 2020 48.67%
December 31, 2019 49.26%
September 30, 2019 52.19%
June 30, 2019 47.08%
March 31, 2019 42.56%
December 31, 2018 40.82%
September 30, 2018 36.56%
Date Value
June 30, 2018 37.54%
March 31, 2018 41.51%
December 31, 2017 44.37%
September 30, 2017 45.37%
June 30, 2017 46.87%
March 31, 2017 47.92%
December 31, 2016 48.49%
September 30, 2016 51.12%
June 30, 2016 53.68%
March 31, 2016 52.68%
December 31, 2015 51.47%
September 30, 2015 52.19%
June 30, 2015 51.40%
March 31, 2015 51.00%
December 31, 2014 48.06%
September 30, 2014 50.05%
June 30, 2014 49.68%
March 31, 2014 49.13%
December 31, 2013 47.88%
September 30, 2013 48.42%
June 30, 2013 46.00%
March 31, 2013 44.08%
December 31, 2012 45.03%
September 30, 2012 44.00%
June 30, 2012 44.99%

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

22.80%
Minimum
Sep 2024
59.83%
Maximum
Dec 2021
43.21%
Average
47.59%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics