Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 46.61%
June 30, 2024 36.30%
March 31, 2024 40.93%
December 31, 2023 44.42%
September 30, 2023 37.64%
June 30, 2023 34.77%
March 31, 2023 51.46%
December 31, 2022
September 30, 2022
June 30, 2022 22.61%
March 31, 2022 44.42%
December 31, 2021 44.27%
September 30, 2021 22.65%
June 30, 2021 29.20%
March 31, 2021 46.09%
September 30, 2020 40.50%
June 30, 2020 41.32%
March 31, 2020 44.96%
December 31, 2019 44.68%
September 30, 2019 38.18%
June 30, 2019 40.13%
March 31, 2019 46.81%
December 31, 2018 41.36%
September 30, 2018 37.66%
June 30, 2018 38.72%
Date Value
March 31, 2018 44.05%
December 31, 2017 36.18%
September 30, 2017 40.57%
June 30, 2017 40.98%
March 31, 2017 47.71%
December 31, 2016 32.85%
September 30, 2016 26.32%
June 30, 2016 20.64%
March 31, 2016 42.53%
December 31, 2015 34.47%
September 30, 2015 30.02%
June 30, 2015 25.83%
March 31, 2015 37.23%
December 31, 2014 44.32%
September 30, 2014 26.97%
June 30, 2014 26.46%
March 31, 2014 39.65%
December 31, 2013 26.56%
September 30, 2013 33.77%
June 30, 2013 33.23%
March 31, 2013 41.14%
December 31, 2012 28.56%
September 30, 2012 34.97%
June 30, 2012 31.82%
March 31, 2012 35.48%

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

22.61%
Minimum
Jun 2022
51.46%
Maximum
Mar 2023
39.58%
Average
41.32%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks