Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 65.94%
March 31, 2024 65.91%
December 31, 2023 65.21%
September 30, 2023 63.12%
June 30, 2023 64.63%
March 31, 2023 64.40%
December 31, 2022 65.97%
September 30, 2022 65.38%
June 30, 2022 67.84%
March 31, 2022 67.80%
December 31, 2021 67.78%
September 30, 2021 67.22%
June 30, 2021 68.16%
March 31, 2021 70.19%
December 31, 2020 67.66%
September 30, 2020 68.73%
June 30, 2020 71.03%
March 31, 2020 69.39%
December 31, 2019 66.45%
Date Value
September 30, 2019 66.29%
June 30, 2019 68.91%
March 31, 2019 68.94%
December 31, 2018 69.12%
September 30, 2018 69.55%
June 30, 2018 70.06%
March 31, 2018 71.48%
December 31, 2017 70.91%
September 30, 2017 69.96%
June 30, 2017 71.19%
March 31, 2017 69.61%
December 31, 2016 68.64%
September 30, 2016 70.93%
June 30, 2016 70.24%
March 31, 2016 72.05%
December 31, 2015 70.67%
September 30, 2015 70.70%
June 30, 2015 72.41%
March 31, 2015 73.35%

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

63.12%
Minimum
Sep 2023
71.03%
Maximum
Jun 2020
66.99%
Average
67.22%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics