Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 59.24%
March 31, 2024 58.67%
December 31, 2023 57.53%
September 30, 2023 58.92%
June 30, 2023 58.16%
March 31, 2023 57.73%
December 31, 2022 57.69%
September 30, 2022 58.95%
June 30, 2022 60.00%
March 31, 2022 59.69%
December 31, 2021 59.78%
September 30, 2021 62.01%
June 30, 2021 62.07%
March 31, 2021 61.51%
December 31, 2020 60.85%
September 30, 2020 53.70%
June 30, 2020 48.60%
March 31, 2020 57.04%
December 31, 2019 58.48%
September 30, 2019 56.39%
June 30, 2019 57.22%
March 31, 2019 59.47%
December 31, 2018 60.29%
September 30, 2018 60.43%
June 30, 2018 57.48%
Date Value
March 31, 2018 59.42%
December 31, 2017 59.86%
September 30, 2017 59.37%
June 30, 2017 57.48%
March 31, 2017 57.95%
December 31, 2016 58.13%
September 30, 2016 57.89%
June 30, 2016 59.00%
March 31, 2016 57.58%
December 31, 2015 60.04%
September 30, 2015 58.46%
June 30, 2015 56.98%
March 31, 2015 55.35%
December 31, 2014 55.03%
September 30, 2014 -63.41%
June 30, 2014 60.77%
March 31, 2014 61.16%
December 31, 2013 59.67%
September 30, 2013 -45.58%
June 30, 2013 64.30%
March 31, 2013 64.01%
December 31, 2012 63.41%
September 30, 2012 59.47%
June 30, 2012 63.64%
March 31, 2012 63.07%

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

48.60%
Minimum
Jun 2020
62.07%
Maximum
Jun 2021
58.45%
Average
58.92%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks