Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.25%
March 31, 2024 45.63%
December 31, 2023 42.43%
September 30, 2023 41.33%
June 30, 2023 42.64%
March 31, 2023 43.55%
December 31, 2022 42.76%
September 30, 2022 37.40%
June 30, 2022 44.82%
March 31, 2022 47.69%
December 31, 2021 46.46%
September 30, 2021 45.59%
June 30, 2021 46.45%
March 31, 2021 45.82%
December 31, 2020 44.60%
September 30, 2020 46.99%
June 30, 2020 46.25%
March 31, 2020 44.98%
December 31, 2019 46.28%
September 30, 2019 43.22%
June 30, 2019 43.89%
March 31, 2019 45.36%
December 31, 2018 44.75%
September 30, 2018 45.59%
June 30, 2018 47.61%
Date Value
March 31, 2018 47.93%
December 31, 2017 46.69%
September 30, 2017 44.97%
June 30, 2017 45.68%
March 31, 2017 43.98%
December 31, 2016 42.72%
September 30, 2016 41.45%
June 30, 2016 45.93%
March 31, 2016 42.96%
December 31, 2015 40.97%
September 30, 2015 43.04%
June 30, 2015 45.63%
March 31, 2015 44.25%
December 31, 2014 43.41%
September 30, 2014 36.16%
June 30, 2014 35.24%
March 31, 2014 43.03%
December 31, 2013 42.62%
September 30, 2013 42.61%
June 30, 2013 43.69%
March 31, 2013 40.67%
December 31, 2012 39.60%
September 30, 2012 44.42%
June 30, 2012 43.96%
March 31, 2012 43.47%

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

37.40%
Minimum
Sep 2022
47.69%
Maximum
Mar 2022
44.63%
Average
45.59%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks