Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.23%
March 31, 2024 48.13%
December 31, 2023 50.17%
September 30, 2023 48.27%
June 30, 2023 49.98%
March 31, 2023 49.98%
December 31, 2022 52.22%
September 30, 2022 52.48%
June 30, 2022 54.91%
March 31, 2022 54.61%
December 31, 2021 52.97%
September 30, 2021 55.90%
June 30, 2021 55.89%
March 31, 2021 52.08%
December 31, 2020 49.27%
September 30, 2020 52.24%
June 30, 2020 52.49%
March 31, 2020 51.95%
December 31, 2019 51.00%
September 30, 2019 52.42%
June 30, 2019 54.65%
March 31, 2019 53.14%
December 31, 2018 52.02%
September 30, 2018 55.68%
June 30, 2018 54.61%
Date Value
March 31, 2018 53.38%
December 31, 2017 53.37%
September 30, 2017 54.57%
June 30, 2017 56.87%
March 31, 2017 53.83%
December 31, 2016 48.01%
September 30, 2016 54.55%
June 30, 2016 58.44%
March 31, 2016 54.43%
December 31, 2015 52.58%
September 30, 2015 56.85%
June 30, 2015 54.98%
March 31, 2015 56.34%
December 31, 2014 57.34%
September 30, 2014 59.83%
June 30, 2014 57.73%
March 31, 2014 56.99%
December 31, 2013 56.25%
September 30, 2013 57.44%
June 30, 2013 57.16%
March 31, 2013 58.15%
December 31, 2012 55.22%
September 30, 2012 55.58%
June 30, 2012 56.16%
March 31, 2012 57.00%

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

47.23%
Minimum
Jun 2024
55.90%
Maximum
Sep 2021
51.67%
Average
52.08%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks