Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 61.86%
June 30, 2024 63.14%
March 31, 2024 62.06%
December 31, 2023 63.95%
September 30, 2023 64.83%
June 30, 2023 66.19%
March 31, 2023 64.15%
December 31, 2022 65.74%
September 30, 2022 65.35%
June 30, 2022 65.65%
March 31, 2022 65.47%
December 31, 2021 66.04%
September 30, 2021 65.40%
June 30, 2021 65.74%
March 31, 2021 66.23%
December 31, 2020 67.40%
September 30, 2020 65.74%
June 30, 2020 64.80%
Date Value
March 31, 2020 65.58%
December 31, 2019 65.17%
September 30, 2019 64.50%
June 30, 2019 64.75%
March 31, 2019 63.79%
December 31, 2018 64.00%
September 30, 2018 63.14%
June 30, 2018 63.12%
March 31, 2018 60.72%
December 31, 2017 60.92%
September 30, 2017 60.08%
June 30, 2017 59.41%
March 31, 2017 57.57%
December 31, 2016 57.28%
September 30, 2016 57.36%
June 30, 2016 57.56%
March 31, 2016 55.23%

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

61.86%
Minimum
Sep 2024
67.40%
Maximum
Dec 2020
65.02%
Average
65.44%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics