Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.96%
March 31, 2024 56.51%
December 31, 2023 53.72%
September 30, 2023 23.62%
June 30, 2023 54.22%
March 31, 2023 57.40%
December 31, 2022 52.92%
September 30, 2022 21.97%
June 30, 2022 43.39%
March 31, 2022 44.19%
December 31, 2021 53.13%
September 30, 2021 54.75%
June 30, 2021 52.23%
March 31, 2021 54.02%
December 31, 2020 54.04%
September 30, 2020 53.69%
June 30, 2020 54.26%
March 31, 2020 52.48%
December 31, 2019 53.87%
September 30, 2019 53.68%
June 30, 2019 51.24%
March 31, 2019 52.35%
December 31, 2018 45.08%
September 30, 2018 44.63%
Date Value
June 30, 2018 47.19%
March 31, 2018 56.04%
December 31, 2017 56.39%
September 30, 2017 53.30%
June 30, 2017 33.37%
March 31, 2017 61.02%
December 31, 2016 63.35%
September 30, 2016 64.90%
June 30, 2016 64.90%
March 31, 2016 65.78%
December 31, 2015 64.19%
September 30, 2015 66.60%
June 30, 2015 64.45%
March 31, 2015 65.81%
December 31, 2014 65.87%
September 30, 2014 64.80%
June 30, 2014 64.39%
March 31, 2014 67.10%
December 31, 2013 69.01%
September 30, 2013 69.11%
June 30, 2013 67.92%
March 31, 2013 67.07%
December 31, 2012 58.51%
September 30, 2012 51.51%

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

21.97%
Minimum
Sep 2022
57.40%
Maximum
Mar 2023
49.81%
Average
53.72%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks