Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.44%
March 31, 2024 48.56%
December 31, 2023 47.73%
September 30, 2023 49.26%
June 30, 2023 46.90%
March 31, 2023 45.23%
December 31, 2022 41.65%
September 30, 2022 47.35%
June 30, 2022 46.25%
March 31, 2022 45.14%
December 31, 2021 44.26%
September 30, 2021 50.71%
June 30, 2021 49.57%
March 31, 2021 49.25%
December 31, 2020 44.51%
September 30, 2020 50.30%
June 30, 2020 49.07%
March 31, 2020 49.82%
December 31, 2019 42.60%
September 30, 2019 49.42%
June 30, 2019 46.35%
March 31, 2019 45.56%
December 31, 2018 38.54%
September 30, 2018 46.09%
June 30, 2018 43.17%
Date Value
March 31, 2018 43.72%
December 31, 2017 43.34%
September 30, 2017 47.44%
June 30, 2017 44.95%
March 31, 2017 44.58%
December 31, 2016 33.96%
September 30, 2016 46.82%
June 30, 2016 44.73%
March 31, 2016 43.22%
December 31, 2015 39.89%
September 30, 2015 44.15%
June 30, 2015 41.19%
March 31, 2015 40.94%
December 31, 2014 36.33%
September 30, 2014 41.89%
June 30, 2014 41.00%
March 31, 2014 40.91%
December 31, 2013 40.02%
September 30, 2013 42.69%
June 30, 2013 37.54%
March 31, 2013 37.57%
December 31, 2012 34.40%
September 30, 2012 34.54%
June 30, 2012 39.92%
March 31, 2012 42.89%

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

41.65%
Minimum
Dec 2022
50.71%
Maximum
Sep 2021
47.24%
Average
47.73%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks