Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 68.02%
March 31, 2024 68.38%
December 31, 2023 68.69%
September 30, 2023 67.00%
June 30, 2023 68.37%
March 31, 2023 66.93%
December 31, 2022 66.03%
September 30, 2022 66.93%
June 30, 2022 69.35%
March 31, 2022 68.02%
December 31, 2021 67.41%
September 30, 2021 66.71%
June 30, 2021 67.34%
March 31, 2021 68.25%
December 31, 2020 72.53%
September 30, 2020 69.19%
June 30, 2020 69.59%
March 31, 2020 69.49%
December 31, 2019 71.04%
September 30, 2019 69.60%
June 30, 2019 69.07%
March 31, 2019 64.42%
December 31, 2018 69.86%
September 30, 2018 66.36%
June 30, 2018 59.36%
Date Value
March 31, 2018 53.50%
December 31, 2017 57.95%
September 30, 2017 61.08%
June 30, 2017 62.74%
March 31, 2017 68.76%
December 31, 2016 68.84%
September 30, 2016 74.04%
June 30, 2016 73.68%
March 31, 2016 73.33%
December 31, 2015 69.22%
September 30, 2015 71.06%
June 30, 2015 67.56%
March 31, 2015 66.78%
December 31, 2014 41.30%
September 30, 2014 63.47%
June 30, 2014 65.54%
March 31, 2014 67.75%
December 31, 2013 44.86%
September 30, 2013 71.13%
June 30, 2013 69.70%
March 31, 2013 70.21%
December 31, 2012 45.84%
September 30, 2012 70.17%
June 30, 2012 69.20%
March 31, 2012 72.38%

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

66.03%
Minimum
Dec 2022
72.53%
Maximum
Dec 2020
68.38%
Average
68.25%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks