Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 69.63%
March 31, 2024 69.75%
December 31, 2023 66.84%
September 30, 2023 67.36%
June 30, 2023 72.10%
March 31, 2023 69.33%
December 31, 2022 64.35%
September 30, 2022 69.98%
June 30, 2022 72.18%
March 31, 2022 74.08%
December 31, 2021 72.32%
September 30, 2021 75.51%
June 30, 2021 74.71%
March 31, 2021 74.24%
December 31, 2020 73.77%
September 30, 2020 72.38%
June 30, 2020 74.72%
March 31, 2020 67.31%
December 31, 2019 66.04%
September 30, 2019 66.32%
June 30, 2019 67.42%
March 31, 2019 61.12%
December 31, 2018 61.93%
September 30, 2018 63.80%
June 30, 2018 62.15%
Date Value
March 31, 2018 70.26%
December 31, 2017 71.00%
September 30, 2017 71.70%
June 30, 2017 72.00%
March 31, 2017 71.68%
December 31, 2016 70.44%
September 30, 2016 72.00%
June 30, 2016 71.82%
March 31, 2016 69.99%
December 31, 2015 68.33%
September 30, 2015 68.64%
June 30, 2015 67.86%
March 31, 2015 70.32%
December 31, 2014 53.92%
September 30, 2014 69.92%
June 30, 2014 69.95%
March 31, 2014 69.66%
December 31, 2013 71.92%
September 30, 2013 70.87%
June 30, 2013 71.04%
March 31, 2013 70.54%
December 31, 2012 69.68%
September 30, 2012 69.86%
June 30, 2012 63.76%
March 31, 2012 63.63%

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

64.35%
Minimum
Dec 2022
75.51%
Maximum
Sep 2021
70.87%
Average
72.10%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics