Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 68.89%
March 31, 2024 68.38%
December 31, 2023 66.88%
September 30, 2023 69.48%
June 30, 2023 68.49%
March 31, 2023 67.69%
December 31, 2022 69.77%
September 30, 2022 69.24%
June 30, 2022 70.06%
March 31, 2022 68.81%
December 31, 2021 71.82%
September 30, 2021 67.85%
June 30, 2021 65.14%
March 31, 2021 65.93%
December 31, 2020 67.96%
September 30, 2020 64.52%
June 30, 2020 62.71%
March 31, 2020 67.62%
December 31, 2019 66.92%
September 30, 2019 66.14%
June 30, 2019 64.32%
March 31, 2019 63.41%
December 31, 2018 62.85%
September 30, 2018 62.19%
June 30, 2018 59.91%
Date Value
March 31, 2018 58.64%
December 31, 2017 52.51%
September 30, 2017 57.29%
June 30, 2017 57.05%
March 31, 2017 57.74%
December 31, 2016 57.35%
September 30, 2016 56.13%
June 30, 2016 54.63%
March 31, 2016 53.51%
December 31, 2015 53.89%
September 30, 2015 52.42%
June 30, 2015 50.62%
March 31, 2015 49.54%
December 31, 2014 48.23%
September 30, 2014 48.46%
June 30, 2014 47.25%
March 31, 2014 47.51%
December 31, 2013 46.99%
September 30, 2013 46.01%
June 30, 2013 44.01%
March 31, 2013 45.01%
December 31, 2012 42.74%
September 30, 2012 42.78%
June 30, 2012 42.85%
March 31, 2012 42.30%

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

62.71%
Minimum
Jun 2020
71.82%
Maximum
Dec 2021
67.80%
Average
67.96%
Median
Dec 2020

Gross Profit Margin (Quarterly) Related Metrics