Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.84%
March 31, 2024 45.70%
December 31, 2023 42.89%
September 30, 2023 46.07%
June 30, 2023 47.48%
March 31, 2023 46.20%
December 31, 2022 46.06%
September 30, 2022 45.68%
June 30, 2022 48.82%
March 31, 2022 49.08%
December 31, 2021 47.48%
September 30, 2021 47.27%
June 30, 2021 49.23%
March 31, 2021 46.15%
December 31, 2020 47.00%
September 30, 2020 51.07%
June 30, 2020 57.63%
March 31, 2020 47.84%
December 31, 2019 45.53%
September 30, 2019 47.14%
June 30, 2019 49.99%
March 31, 2019 50.89%
December 31, 2018 47.77%
September 30, 2018 49.42%
June 30, 2018 49.49%
Date Value
March 31, 2018 49.75%
December 31, 2017 47.12%
September 30, 2017 47.66%
June 30, 2017 52.17%
March 31, 2017 54.06%
December 31, 2016 49.12%
September 30, 2016 49.27%
June 30, 2016 48.98%
March 31, 2016 45.95%
December 31, 2015 46.31%
September 30, 2015 46.81%
June 30, 2015 51.51%
March 31, 2015 43.83%
December 31, 2014 47.12%
September 30, 2014 44.03%
June 30, 2014 53.25%
March 31, 2014 44.57%
December 31, 2013 44.85%
September 30, 2013 48.07%
June 30, 2013 41.84%
March 31, 2013 51.71%
December 31, 2012 49.09%
September 30, 2012 48.29%
June 30, 2012 46.72%
March 31, 2012 45.31%

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

40.84%
Minimum
Jun 2024
57.63%
Maximum
Jun 2020
47.26%
Average
47.00%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks