Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 54.56%
March 31, 2024 51.41%
December 31, 2023 50.88%
September 30, 2023 48.00%
June 30, 2023 37.78%
March 31, 2023 46.74%
December 31, 2022 49.14%
September 30, 2022 50.70%
June 30, 2022 50.60%
March 31, 2022 53.52%
December 31, 2021 55.59%
September 30, 2021 53.47%
June 30, 2021 55.39%
March 31, 2021 52.94%
December 31, 2020 54.63%
September 30, 2020 51.31%
June 30, 2020 47.71%
March 31, 2020 55.18%
December 31, 2019 41.87%
September 30, 2019 56.09%
June 30, 2019 54.27%
March 31, 2019 56.63%
December 31, 2018 55.69%
September 30, 2018 50.76%
June 30, 2018 58.72%
Date Value
March 31, 2018 57.94%
December 31, 2017 52.75%
September 30, 2017 57.66%
June 30, 2017 56.55%
March 31, 2017 53.64%
December 31, 2016 53.08%
September 30, 2016 53.62%
June 30, 2016 55.94%
March 31, 2016 56.33%
December 31, 2015 52.79%
September 30, 2015 48.09%
June 30, 2015 53.17%
March 31, 2015 56.64%
December 31, 2014 54.60%
September 30, 2014 55.98%
June 30, 2014 55.47%
March 31, 2014 54.63%
December 31, 2013 54.87%
September 30, 2013 56.93%
June 30, 2013 54.04%
March 31, 2013 56.33%
December 31, 2012 53.39%
September 30, 2012 53.19%
June 30, 2012 55.51%
March 31, 2012 57.01%

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

37.78%
Minimum
Jun 2023
55.59%
Maximum
Dec 2021
50.60%
Average
51.31%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics