Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 46.84%
June 30, 2024 44.82%
March 31, 2024 45.76%
December 31, 2023 47.67%
September 30, 2023 47.01%
June 30, 2023 47.56%
March 31, 2023 48.07%
December 31, 2022 48.74%
September 30, 2022 47.45%
June 30, 2022 46.47%
March 31, 2022 46.10%
December 31, 2021 43.99%
September 30, 2021 42.52%
June 30, 2021 42.75%
March 31, 2021 45.33%
December 31, 2020 45.09%
September 30, 2020 42.15%
June 30, 2020 42.31%
March 31, 2020 40.37%
December 31, 2019 38.08%
September 30, 2019 41.07%
June 30, 2019 41.60%
March 31, 2019 36.81%
December 31, 2018 24.57%
September 30, 2018 40.65%
Date Value
June 30, 2018 42.22%
March 31, 2018 42.28%
December 31, 2017 44.13%
September 30, 2017 39.41%
June 30, 2017 39.56%
March 31, 2017 39.77%
December 31, 2016 43.42%
September 30, 2016 33.61%
June 30, 2016 35.02%
March 31, 2016 29.31%
December 31, 2015 32.13%
September 30, 2015 33.76%
June 30, 2015 34.17%
March 31, 2015 31.75%
December 31, 2014 31.71%
September 30, 2014 35.98%
June 30, 2014 32.66%
March 31, 2014 34.23%
December 31, 2013 25.55%
September 30, 2013 22.66%
June 30, 2013 31.36%
March 31, 2013 27.82%
December 31, 2012 28.98%
September 30, 2012 31.39%
June 30, 2012 29.74%

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

38.08%
Minimum
Dec 2019
48.74%
Maximum
Dec 2022
44.95%
Average
45.55%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics