Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 54.37%
June 30, 2024 54.36%
March 31, 2024 53.41%
December 31, 2023 50.80%
September 30, 2023 51.99%
June 30, 2023 53.46%
March 31, 2023 53.28%
December 31, 2022 49.98%
September 30, 2022 52.84%
June 30, 2022 52.17%
March 31, 2022 52.30%
December 31, 2021 48.61%
September 30, 2021 51.54%
June 30, 2021 53.52%
March 31, 2021 53.49%
December 31, 2020 52.42%
September 30, 2020 52.19%
June 30, 2020 52.15%
March 31, 2020 49.16%
December 31, 2019 50.69%
Date Value
September 30, 2019 52.10%
June 30, 2019 53.23%
March 31, 2019 51.22%
December 31, 2018 50.95%
September 30, 2018 51.01%
June 30, 2018 52.46%
March 31, 2018 51.53%
December 31, 2017 51.05%
September 30, 2017 49.85%
June 30, 2017 52.10%
March 31, 2017 52.22%
December 31, 2016 51.03%
September 30, 2016 49.19%
June 30, 2016 51.37%
March 31, 2016 51.34%
December 31, 2015 51.70%
September 30, 2015 49.19%
June 30, 2015 53.22%
March 31, 2015 51.71%

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

48.61%
Minimum
Dec 2021
54.37%
Maximum
Sep 2024
52.14%
Average
52.24%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics