Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.38%
March 31, 2024 69.49%
December 31, 2023 68.91%
September 30, 2023 70.62%
June 30, 2023 70.12%
March 31, 2023 68.31%
December 31, 2022 69.67%
September 30, 2022 70.55%
June 30, 2022 71.98%
March 31, 2022 73.04%
December 31, 2021 74.84%
September 30, 2021 73.56%
June 30, 2021 75.64%
March 31, 2021 75.59%
December 31, 2020 73.02%
September 30, 2020 74.33%
June 30, 2020 60.25%
March 31, 2020 69.32%
December 31, 2019 71.72%
September 30, 2019 68.16%
June 30, 2019 61.34%
Date Value
March 31, 2019 68.28%
December 31, 2018 63.97%
September 30, 2018 60.97%
June 30, 2018 59.97%
March 31, 2018 54.08%
December 31, 2017 52.88%
September 30, 2017 47.51%
June 30, 2017 52.05%
March 31, 2017 44.94%
December 31, 2016 46.99%
September 30, 2016 51.88%
June 30, 2016 55.74%
March 31, 2016 48.66%
December 31, 2015 44.42%
September 30, 2015 55.20%
June 30, 2015 46.62%
March 31, 2015 35.57%
December 31, 2014 31.27%
September 30, 2014 45.80%
June 30, 2014 28.64%

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

60.25%
Minimum
Jun 2020
75.64%
Maximum
Jun 2021
71.33%
Average
71.72%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics