Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 67.90%
March 31, 2024 68.25%
December 31, 2023 68.97%
September 30, 2023 69.13%
June 30, 2023 70.17%
March 31, 2023 70.06%
December 31, 2022 68.81%
September 30, 2022 66.89%
June 30, 2022 64.46%
March 31, 2022 62.23%
December 31, 2021 61.86%
September 30, 2021 60.76%
June 30, 2021 59.71%
March 31, 2021 57.77%
December 31, 2020 55.80%
September 30, 2020 56.25%
June 30, 2020 57.20%
March 31, 2020 52.57%
December 31, 2019 52.58%
September 30, 2019 54.62%
June 30, 2019 61.01%
March 31, 2019 63.11%
December 31, 2018 63.35%
September 30, 2018 63.12%
June 30, 2018 62.96%
Date Value
March 31, 2018 30.26%
December 31, 2017 77.52%
September 30, 2017 75.37%
June 30, 2017 76.05%
March 31, 2017 35.08%
December 31, 2016 76.81%
September 30, 2016 73.70%
June 30, 2016 73.78%
March 31, 2016 72.40%
December 31, 2015 72.16%
September 30, 2015 72.95%
June 30, 2015 73.19%
March 31, 2015 72.83%
December 31, 2014 72.20%
September 30, 2014 71.55%
June 30, 2014 71.08%
March 31, 2014 69.64%
December 31, 2013 70.61%
September 30, 2013 70.82%
June 30, 2013 72.20%
March 31, 2013 71.38%
December 31, 2012 69.35%
September 30, 2012 68.82%
June 30, 2012 66.75%
March 31, 2012 74.44%

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

52.57%
Minimum
Mar 2020
70.17%
Maximum
Jun 2023
62.70%
Average
62.23%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics