Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 72.89%
June 30, 2024 72.44%
March 31, 2024 72.12%
December 31, 2023 73.60%
September 30, 2023 72.22%
June 30, 2023 73.00%
March 31, 2023 73.20%
December 31, 2022 72.83%
September 30, 2022 72.12%
June 30, 2022 72.55%
March 31, 2022 72.50%
December 31, 2021 72.47%
September 30, 2021 71.66%
June 30, 2021 71.82%
March 31, 2021 71.59%
December 31, 2020 72.09%
September 30, 2020 71.39%
June 30, 2020 71.74%
March 31, 2020 70.86%
December 31, 2019 71.93%
September 30, 2019 71.70%
June 30, 2019 72.08%
March 31, 2019 71.70%
December 31, 2018 71.09%
September 30, 2018 71.17%
Date Value
June 30, 2018 71.35%
March 31, 2018 71.36%
December 31, 2017 70.92%
September 30, 2017 70.75%
June 30, 2017 70.18%
March 31, 2017 71.27%
December 31, 2016 69.53%
September 30, 2016 70.64%
June 30, 2016 71.32%
March 31, 2016 71.07%
December 31, 2015 70.26%
September 30, 2015 71.32%
June 30, 2015 72.26%
March 31, 2015 71.50%
December 31, 2014 71.59%
September 30, 2014 71.59%
June 30, 2014 70.97%
March 31, 2014 71.57%
December 31, 2013 69.98%
September 30, 2013 71.55%
June 30, 2013 72.17%
March 31, 2013 71.91%
December 31, 2012 72.12%
September 30, 2012 70.92%
June 30, 2012 71.14%

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

70.86%
Minimum
Mar 2020
73.60%
Maximum
Dec 2023
72.25%
Average
72.17%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics