Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 64.21%
March 31, 2024 64.80%
December 31, 2023 65.07%
September 30, 2023 63.48%
June 30, 2023 62.85%
March 31, 2023 62.91%
December 31, 2022 65.52%
September 30, 2022 63.94%
June 30, 2022 61.81%
March 31, 2022 64.33%
December 31, 2021 64.45%
September 30, 2021 63.20%
June 30, 2021 60.36%
March 31, 2021 61.89%
December 31, 2020 58.75%
September 30, 2020 58.64%
June 30, 2020 40.01%
March 31, 2020 56.63%
December 31, 2019 62.45%
September 30, 2019 60.18%
June 30, 2019 96.53%
March 31, 2019 62.76%
December 31, 2018 61.90%
September 30, 2018 60.17%
June 30, 2018
Date Value
March 31, 2018 63.45%
December 31, 2017 61.14%
September 30, 2017 60.94%
June 30, 2017 60.96%
March 31, 2017 59.84%
December 31, 2016 61.15%
September 30, 2016 58.82%
June 30, 2016 56.71%
March 31, 2016 61.19%
December 31, 2015 61.36%
September 30, 2015 60.11%
June 30, 2015 59.38%
March 31, 2015 62.33%
December 31, 2014 59.60%
September 30, 2014 59.22%
June 30, 2014 56.91%
March 31, 2014 60.78%
December 31, 2013 58.49%
September 30, 2013 59.94%
June 30, 2013 58.59%
March 31, 2013 61.65%
December 31, 2012 59.20%
September 30, 2012 60.73%
June 30, 2012 60.88%
March 31, 2012 60.58%

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

40.01%
Minimum
Jun 2020
65.52%
Maximum
Dec 2022
61.33%
Average
62.91%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks