Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.76%
March 31, 2024 46.92%
December 31, 2023 51.83%
September 30, 2023 45.84%
June 30, 2023 46.74%
March 31, 2023 51.18%
December 31, 2022 44.53%
September 30, 2022 40.38%
June 30, 2022 42.68%
March 31, 2022 36.18%
December 31, 2021 35.18%
September 30, 2021 49.38%
June 30, 2021 57.22%
March 31, 2021 44.64%
December 31, 2020 45.15%
September 30, 2020 47.86%
June 30, 2020 49.70%
March 31, 2020 43.39%
December 31, 2019 41.53%
September 30, 2019 49.17%
June 30, 2019 45.39%
March 31, 2019 38.81%
December 31, 2018 36.01%
September 30, 2018 62.34%
June 30, 2018 43.04%
Date Value
March 31, 2018 37.11%
December 31, 2017 36.27%
September 30, 2017 39.66%
June 30, 2017 45.52%
March 31, 2017 44.35%
December 31, 2016 48.61%
September 30, 2016 48.78%
June 30, 2016 56.69%
March 31, 2016 47.02%
December 31, 2015 29.14%
September 30, 2015 44.85%
June 30, 2015 24.69%
March 31, 2015 22.44%
December 31, 2014 38.40%
September 30, 2014 29.86%
June 30, 2014 11.78%
March 31, 2014 11.62%
December 31, 2013 11.28%
September 30, 2013 14.35%
June 30, 2013 69.27%
March 31, 2013 53.02%
December 31, 2012 55.14%
September 30, 2012 50.65%
June 30, 2012 60.69%
March 31, 2012 53.53%

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

35.18%
Minimum
Dec 2021
57.22%
Maximum
Jun 2021
45.90%
Average
45.84%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics