Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 68.73%
June 30, 2024 68.28%
March 31, 2024 67.83%
December 31, 2023 67.73%
September 30, 2023 66.12%
June 30, 2023 66.20%
March 31, 2023 66.13%
December 31, 2022 65.64%
September 30, 2022 65.69%
June 30, 2022 66.65%
March 31, 2022 66.51%
December 31, 2021 66.28%
September 30, 2021 67.78%
June 30, 2021 67.65%
March 31, 2021 67.98%
December 31, 2020 67.42%
September 30, 2020 66.06%
June 30, 2020 66.14%
March 31, 2020 67.21%
December 31, 2019 68.24%
September 30, 2019 67.37%
June 30, 2019 67.51%
March 31, 2019 67.72%
December 31, 2018 65.45%
September 30, 2018 68.66%
Date Value
June 30, 2018 70.22%
March 31, 2018 69.28%
December 31, 2017 70.71%
September 30, 2017 69.72%
June 30, 2017 69.97%
March 31, 2017 70.14%
December 31, 2016 70.72%
September 30, 2016 70.50%
June 30, 2016 70.63%
March 31, 2016 70.74%
December 31, 2015 73.11%
September 30, 2015 71.65%
June 30, 2015 72.23%
March 31, 2015 73.03%
December 31, 2014 72.36%
September 30, 2014 70.63%
June 30, 2014 71.92%
March 31, 2014 71.65%
December 31, 2013 72.31%
September 30, 2013 71.44%
June 30, 2013 71.89%
March 31, 2013 72.48%
December 31, 2012 74.26%
September 30, 2012 73.41%
June 30, 2012 75.06%

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

65.64%
Minimum
Dec 2022
68.73%
Maximum
Sep 2024
67.01%
Average
66.93%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics