Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 69.42%
June 30, 2024 69.25%
March 31, 2024 69.32%
December 31, 2023 70.65%
September 30, 2023 71.72%
June 30, 2023 72.86%
March 31, 2023 67.00%
December 31, 2022 73.62%
September 30, 2022 74.63%
June 30, 2022 71.92%
March 31, 2022 72.65%
December 31, 2021 73.58%
September 30, 2021 75.30%
June 30, 2021 74.92%
March 31, 2021 75.45%
December 31, 2020 75.51%
September 30, 2020 75.71%
June 30, 2020 73.60%
March 31, 2020 70.03%
December 31, 2019 71.12%
September 30, 2019 69.08%
June 30, 2019 65.72%
March 31, 2019 68.85%
December 31, 2018 68.70%
September 30, 2018 66.66%
Date Value
June 30, 2018 62.24%
March 31, 2018 65.48%
December 31, 2017 63.70%
September 30, 2017 62.77%
June 30, 2017 62.98%
March 31, 2017 59.14%
December 31, 2016 66.24%
September 30, 2016 65.66%
June 30, 2016 68.67%
March 31, 2016 64.88%
December 31, 2015 68.52%
September 30, 2015 60.72%
June 30, 2015 62.73%
March 31, 2015 60.74%
December 31, 2014 56.40%
September 30, 2014 66.25%
June 30, 2014 67.65%
March 31, 2014 66.81%
December 31, 2013 66.96%
September 30, 2013 64.72%
June 30, 2013 73.14%
March 31, 2013 70.45%
December 31, 2012 71.05%
September 30, 2012 59.49%
June 30, 2012 63.19%

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

67.00%
Minimum
Mar 2023
75.71%
Maximum
Sep 2020
72.41%
Average
72.76%
Median

Gross Profit Margin (Quarterly) Benchmarks