Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 61.37%
March 31, 2024 61.60%
December 31, 2023 64.14%
September 30, 2023 66.23%
June 30, 2023 65.97%
March 31, 2023 67.13%
December 31, 2022 67.82%
September 30, 2022 67.83%
June 30, 2022 66.61%
March 31, 2022 65.33%
December 31, 2021 63.60%
September 30, 2021 62.36%
June 30, 2021 56.29%
March 31, 2021 53.75%
December 31, 2020 51.51%
September 30, 2020 52.09%
June 30, 2020 51.11%
March 31, 2020 48.56%
December 31, 2019 53.15%
September 30, 2019 53.51%
June 30, 2019 51.85%
March 31, 2019 53.13%
December 31, 2018 51.97%
September 30, 2018 53.02%
June 30, 2018 50.10%
Date Value
March 31, 2018 48.98%
December 31, 2017 49.97%
September 30, 2017 49.01%
June 30, 2017 47.64%
March 31, 2017 47.27%
December 31, 2016 44.48%
September 30, 2016 44.15%
June 30, 2016 53.80%
March 31, 2016 53.15%
December 31, 2015 55.33%
September 30, 2015 55.49%
June 30, 2015 53.64%
March 31, 2015 54.64%
December 31, 2014 53.29%
September 30, 2014 53.88%
June 30, 2014 51.42%
March 31, 2014 50.21%
December 31, 2013 53.84%
September 30, 2013 53.88%
June 30, 2013 53.19%
March 31, 2013 54.59%
December 31, 2012 52.19%
September 30, 2012 52.93%
June 30, 2012 52.28%
March 31, 2012 51.83%

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

48.56%
Minimum
Mar 2020
67.83%
Maximum
Sep 2022
60.34%
Average
62.36%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics