Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 52.94%
September 30, 2023 51.73%
June 30, 2023 53.18%
March 31, 2023 52.04%
December 31, 2022 53.78%
September 30, 2022 52.55%
June 30, 2022 53.41%
March 31, 2022 51.38%
December 31, 2021 54.05%
September 30, 2021 56.50%
June 30, 2021 55.21%
March 31, 2021 56.63%
December 31, 2020 59.94%
September 30, 2020 58.48%
June 30, 2020 57.46%
March 31, 2020 57.89%
December 31, 2019 58.88%
September 30, 2019 58.85%
June 30, 2019 59.65%
March 31, 2019 58.61%
December 31, 2018 60.82%
September 30, 2018 59.91%
Date Value
June 30, 2018 59.40%
March 31, 2018 58.06%
December 31, 2017 59.64%
September 30, 2017 59.07%
June 30, 2017 57.52%
March 31, 2017 57.52%
December 31, 2016 64.33%
September 30, 2016 56.59%
June 30, 2016 56.89%
March 31, 2016 56.31%
December 31, 2015 56.61%
September 30, 2015 54.12%
June 30, 2015 52.86%
March 31, 2015 51.19%
December 31, 2014 48.57%
September 30, 2014 47.80%
June 30, 2014 45.44%
March 31, 2014 45.84%
December 31, 2013 46.51%
September 30, 2013 41.85%
June 30, 2013 39.78%
March 31, 2013 38.89%

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

51.38%
Minimum
Mar 2022
59.94%
Maximum
Dec 2020
55.66%
Average
55.86%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics