Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 68.98%
March 31, 2024 72.76%
December 31, 2023 65.24%
September 30, 2023 69.74%
June 30, 2023 70.93%
March 31, 2023 70.95%
December 31, 2022 72.08%
September 30, 2022 71.86%
June 30, 2022 72.03%
March 31, 2022 70.88%
December 31, 2021 68.01%
September 30, 2021 65.44%
June 30, 2021 66.16%
March 31, 2021 78.17%
December 31, 2020 66.26%
September 30, 2020 58.51%
June 30, 2020 56.48%
March 31, 2020 81.55%
Date Value
December 31, 2019 65.11%
September 30, 2019 63.15%
June 30, 2019 62.74%
March 31, 2019 61.55%
December 31, 2018 63.87%
September 30, 2018 59.22%
June 30, 2018 57.98%
March 31, 2018 70.85%
December 31, 2017 69.23%
September 30, 2017 58.37%
June 30, 2017 62.12%
March 31, 2017 59.39%
December 31, 2016 60.46%
September 30, 2016 60.02%
June 30, 2016 59.72%
March 31, 2016 64.03%
December 31, 2015 58.42%
September 30, 2015 5.90%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

56.48%
Minimum
Jun 2020
81.55%
Maximum
Mar 2020
69.01%
Average
69.74%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics