Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.93%
March 31, 2024 49.44%
December 31, 2023 47.94%
September 30, 2023 48.51%
June 30, 2023 49.02%
March 31, 2023 47.81%
December 31, 2022 46.83%
September 30, 2022 46.85%
June 30, 2022 48.09%
March 31, 2022 49.54%
December 31, 2021 47.89%
September 30, 2021 49.89%
June 30, 2021 50.45%
March 31, 2021 50.58%
December 31, 2020 49.02%
September 30, 2020 49.71%
June 30, 2020 50.67%
March 31, 2020 50.29%
December 31, 2019 47.05%
September 30, 2019 47.33%
June 30, 2019 47.88%
March 31, 2019 48.40%
December 31, 2018 46.95%
September 30, 2018 47.41%
June 30, 2018 48.06%
Date Value
March 31, 2018 48.19%
December 31, 2017 47.70%
September 30, 2017 48.94%
June 30, 2017 49.47%
March 31, 2017 48.80%
December 31, 2016 48.09%
September 30, 2016 48.11%
June 30, 2016 48.88%
March 31, 2016 48.42%
December 31, 2015 46.88%
September 30, 2015 47.58%
June 30, 2015 48.55%
March 31, 2015 48.88%
December 31, 2014 48.28%
September 30, 2014 47.57%
June 30, 2014 47.52%
March 31, 2014 48.36%
December 31, 2013 45.77%
September 30, 2013 46.75%
June 30, 2013 47.49%
March 31, 2013 48.24%
December 31, 2012 46.78%
September 30, 2012 46.67%
June 30, 2012 46.35%
March 31, 2012 46.67%

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

46.83%
Minimum
Dec 2022
50.67%
Maximum
Jun 2020
48.92%
Average
49.02%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks