Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 48.46%
March 31, 2024 49.02%
December 31, 2023 46.24%
September 30, 2023 40.20%
June 30, 2023 39.59%
March 31, 2023 37.88%
December 31, 2022 41.18%
September 30, 2022 42.71%
June 30, 2022 45.86%
March 31, 2022 46.36%
December 31, 2021 46.93%
September 30, 2021 47.81%
June 30, 2021 50.00%
March 31, 2021 48.19%
December 31, 2020 48.57%
September 30, 2020 51.43%
June 30, 2020 50.74%
March 31, 2020 48.66%
December 31, 2019 47.20%
September 30, 2019 51.22%
June 30, 2019 49.65%
March 31, 2019 45.75%
December 31, 2018 47.89%
September 30, 2018 47.75%
June 30, 2018 48.88%
Date Value
March 31, 2018 44.09%
December 31, 2017 50.89%
September 30, 2017 51.75%
June 30, 2017 51.22%
March 31, 2017 48.13%
December 31, 2016 50.72%
September 30, 2016 51.44%
June 30, 2016 48.96%
March 31, 2016 47.70%
December 31, 2015 47.43%
September 30, 2015 46.72%
June 30, 2015 44.87%
March 31, 2015 40.50%
December 31, 2014 43.59%
September 30, 2014 43.95%
June 30, 2014 40.54%
March 31, 2014 41.94%
December 31, 2013 42.29%
September 30, 2013 45.44%
June 30, 2013 48.32%
March 31, 2013 45.17%
December 31, 2012 44.19%
September 30, 2012 46.37%
June 30, 2012 34.18%
March 31, 2012 40.22%

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

37.88%
Minimum
Mar 2023
51.43%
Maximum
Sep 2020
46.16%
Average
47.20%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics