Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.80%
March 31, 2024 37.93%
December 31, 2023 33.91%
September 30, 2023 49.62%
June 30, 2023 46.94%
March 31, 2023 43.92%
December 31, 2022 46.08%
September 30, 2022 49.46%
June 30, 2022 48.49%
March 31, 2022 54.50%
December 31, 2021 48.16%
September 30, 2021 53.34%
June 30, 2021 50.85%
March 31, 2021 46.49%
December 31, 2020 46.14%
September 30, 2020 54.04%
June 30, 2020 54.06%
March 31, 2020 48.45%
December 31, 2019 52.40%
September 30, 2019 46.14%
June 30, 2019 51.92%
March 31, 2019 50.93%
December 31, 2018 50.00%
September 30, 2018 31.78%
June 30, 2018 49.23%
Date Value
March 31, 2018 51.29%
December 31, 2017 51.88%
September 30, 2017 58.80%
June 30, 2017 41.40%
March 31, 2017 51.09%
December 31, 2016 41.63%
September 30, 2016 47.01%
June 30, 2016 48.40%
March 31, 2016 45.29%
December 31, 2015 46.02%
September 30, 2015 49.28%
June 30, 2015 48.52%
March 31, 2015 51.20%
December 31, 2014 53.80%
September 30, 2014 54.77%
June 30, 2014 63.08%
March 31, 2014 50.66%
December 31, 2013 50.87%
September 30, 2013 51.16%
June 30, 2013 42.43%
March 31, 2013 42.70%
December 31, 2012 49.86%
September 30, 2012 50.51%
June 30, 2012 49.82%
March 31, 2012 54.86%

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

33.91%
Minimum
Dec 2023
54.50%
Maximum
Mar 2022
48.30%
Average
48.49%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics