Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.57%
March 31, 2024 48.04%
December 31, 2023 47.84%
September 30, 2023 51.09%
June 30, 2023 54.11%
March 31, 2023 55.46%
December 31, 2022 56.31%
September 30, 2022 59.28%
June 30, 2022 60.10%
March 31, 2022 61.67%
December 31, 2021 61.49%
September 30, 2021 63.03%
June 30, 2021 61.87%
March 31, 2021 63.39%
December 31, 2020 61.93%
September 30, 2020 61.73%
June 30, 2020 63.47%
March 31, 2020 63.87%
December 31, 2019 62.76%
September 30, 2019 62.22%
June 30, 2019 64.18%
March 31, 2019 63.56%
December 31, 2018 62.45%
September 30, 2018 62.48%
June 30, 2018 64.33%
Date Value
March 31, 2018 63.87%
December 31, 2017 65.07%
September 30, 2017 63.33%
June 30, 2017 65.39%
March 31, 2017 67.20%
December 31, 2016 64.57%
September 30, 2016 63.26%
June 30, 2016 64.11%
March 31, 2016 65.05%
December 31, 2015 63.05%
September 30, 2015 61.85%
June 30, 2015 65.91%
March 31, 2015 63.17%
December 31, 2014 60.68%
September 30, 2014 53.97%
June 30, 2014 60.71%
March 31, 2014 60.55%
December 31, 2013 56.01%
September 30, 2013 57.07%
June 30, 2013 56.72%
March 31, 2013 60.25%
December 31, 2012 52.38%
September 30, 2012 52.81%
June 30, 2012 50.51%
March 31, 2012 57.82%

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

47.57%
Minimum
Jun 2024
63.87%
Maximum
Mar 2020
58.16%
Average
61.49%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics