Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 48.13%
March 31, 2024 47.24%
December 31, 2023 47.71%
September 30, 2023 48.03%
June 30, 2023 46.71%
March 31, 2023 48.47%
December 31, 2022 45.48%
September 30, 2022 40.45%
June 30, 2022 40.24%
March 31, 2022 40.25%
December 31, 2021 42.01%
September 30, 2021 41.36%
June 30, 2021 42.32%
March 31, 2021 41.77%
December 31, 2020 34.37%
September 30, 2020 37.81%
June 30, 2020 27.46%
March 31, 2020 40.81%
December 31, 2019 42.05%
September 30, 2019 41.27%
June 30, 2019 41.59%
March 31, 2019 43.25%
December 31, 2018 45.93%
September 30, 2018 47.72%
June 30, 2018 42.60%
Date Value
March 31, 2018 44.38%
December 31, 2017 39.24%
September 30, 2017 46.93%
June 30, 2017 49.30%
March 31, 2017 49.24%
December 31, 2016 31.08%
September 30, 2016 58.77%
June 30, 2016 60.76%
March 31, 2016 60.80%
December 31, 2015 61.43%
September 30, 2015 59.52%
June 30, 2015 56.43%
March 31, 2015 57.04%
December 31, 2014 55.92%
September 30, 2014 56.26%
June 30, 2014 58.85%
March 31, 2014 58.06%
December 31, 2013 57.76%
September 30, 2013 57.69%
June 30, 2013 57.57%
March 31, 2013 57.87%
December 31, 2012 55.94%
September 30, 2012 44.55%
June 30, 2012 42.83%
March 31, 2012 44.21%

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

27.46%
Minimum
Jun 2020
48.47%
Maximum
Mar 2023
42.25%
Average
42.01%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics