Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.87%
March 31, 2024 48.87%
December 31, 2023 46.44%
September 30, 2023 51.66%
June 30, 2023 52.16%
March 31, 2023 49.75%
December 31, 2022 35.90%
September 30, 2022 48.10%
June 30, 2022 46.17%
March 31, 2022 47.72%
December 31, 2021 40.96%
September 30, 2021 57.03%
June 30, 2021 50.02%
March 31, 2021 39.20%
December 31, 2020 42.49%
September 30, 2020 54.74%
June 30, 2020 49.31%
March 31, 2020 45.52%
December 31, 2019 41.67%
September 30, 2019 53.64%
June 30, 2019 47.37%
March 31, 2019 42.44%
December 31, 2018 36.91%
September 30, 2018 51.18%
June 30, 2018 34.87%
Date Value
March 31, 2018 42.82%
December 31, 2017 43.36%
September 30, 2017 50.52%
June 30, 2017 48.60%
March 31, 2017 45.89%
December 31, 2016 12.44%
September 30, 2016 60.72%
June 30, 2016 58.25%
March 31, 2016 58.10%
December 31, 2015 55.86%
September 30, 2015 58.81%
June 30, 2015 52.48%
March 31, 2015 49.67%
December 31, 2014 47.83%
September 30, 2014 55.41%
June 30, 2014 47.42%
March 31, 2014 49.47%
December 31, 2013 48.17%
September 30, 2013 54.35%
June 30, 2013 49.91%
March 31, 2013 48.79%
December 31, 2012 64.82%
September 30, 2012 53.07%
June 30, 2012 46.29%
March 31, 2012 40.36%

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

35.90%
Minimum
Dec 2022
57.03%
Maximum
Sep 2021
47.35%
Average
48.10%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks