Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 68.47%
March 31, 2024 64.08%
December 31, 2023 62.41%
September 30, 2023 62.20%
June 30, 2023 62.96%
March 31, 2023 64.10%
December 31, 2022 62.77%
September 30, 2022 63.68%
June 30, 2022 67.33%
March 31, 2022 65.11%
December 31, 2021 61.37%
September 30, 2021 63.64%
June 30, 2021 64.13%
March 31, 2021 63.81%
December 31, 2020 62.50%
September 30, 2020 65.23%
June 30, 2020 58.90%
March 31, 2020 55.09%
December 31, 2019 53.89%
September 30, 2019 53.59%
June 30, 2019 49.38%
March 31, 2019 48.11%
December 31, 2018 41.77%
September 30, 2018 41.74%
June 30, 2018 44.58%
Date Value
March 31, 2018 47.54%
December 31, 2017 40.79%
September 30, 2017 39.65%
June 30, 2017 38.20%
March 31, 2017 35.50%
December 31, 2016 40.18%
September 30, 2016 41.34%
June 30, 2016 36.45%
March 31, 2016 31.89%
December 31, 2015 25.72%
September 30, 2015 30.47%
June 30, 2015 33.18%
March 31, 2015 32.14%
December 31, 2014 40.16%
September 30, 2014 47.12%
June 30, 2014 49.12%
March 31, 2014 51.30%
December 31, 2013 47.70%
September 30, 2013 53.24%
June 30, 2013 54.88%
March 31, 2013 54.50%
December 31, 2012 58.55%
September 30, 2012 56.94%
June 30, 2012 54.63%
March 31, 2012 54.95%

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

53.89%
Minimum
Dec 2019
68.47%
Maximum
Jun 2024
62.72%
Average
63.64%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics