Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 50.11%
June 30, 2024 49.88%
March 31, 2024 48.71%
December 31, 2023 48.27%
September 30, 2023 48.13%
June 30, 2023 47.45%
March 31, 2023 49.65%
December 31, 2022 48.11%
September 30, 2022 49.22%
June 30, 2022 48.81%
March 31, 2022 47.20%
December 31, 2021 46.65%
September 30, 2021 47.13%
June 30, 2021 47.82%
March 31, 2021 49.17%
December 31, 2020 46.89%
September 30, 2020 49.47%
June 30, 2020 49.71%
March 31, 2020 49.03%
December 31, 2019 48.80%
September 30, 2019 49.58%
June 30, 2019 49.59%
March 31, 2019 49.97%
December 31, 2018 48.79%
September 30, 2018 48.56%
Date Value
June 30, 2018 48.35%
March 31, 2018 48.81%
December 31, 2017 48.37%
September 30, 2017 49.46%
June 30, 2017 51.03%
March 31, 2017 50.61%
December 31, 2016 50.57%
September 30, 2016 49.14%
June 30, 2016 49.25%
March 31, 2016 49.34%
December 31, 2015 51.82%
September 30, 2015 52.60%
June 30, 2015 52.56%
March 31, 2015 53.62%
December 31, 2014 50.88%
September 30, 2014 50.99%
June 30, 2014 51.61%
March 31, 2014 50.43%
December 31, 2013 52.23%
September 30, 2013 50.48%
June 30, 2013 49.49%
March 31, 2013 49.90%
December 31, 2012 50.73%
September 30, 2012 48.24%
June 30, 2012 50.73%

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

46.65%
Minimum
Dec 2021
50.11%
Maximum
Sep 2024
48.51%
Average
48.75%
Median

Gross Profit Margin (Quarterly) Benchmarks