Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 60.21%
June 30, 2024 60.45%
March 31, 2024 60.34%
December 31, 2023 62.36%
September 30, 2023 60.81%
June 30, 2023 60.54%
March 31, 2023 59.08%
December 31, 2022 57.01%
September 30, 2022 57.09%
June 30, 2022 57.90%
March 31, 2022 58.99%
December 31, 2021 56.44%
September 30, 2021 56.84%
June 30, 2021 56.60%
March 31, 2021 57.10%
December 31, 2020 57.02%
September 30, 2020 56.17%
June 30, 2020 54.24%
March 31, 2020 55.48%
December 31, 2019 54.17%
September 30, 2019 53.52%
June 30, 2019 53.97%
March 31, 2019 55.05%
December 31, 2018 54.78%
September 30, 2018 54.80%
Date Value
June 30, 2018 54.23%
March 31, 2018 54.61%
December 31, 2017 54.05%
September 30, 2017 53.94%
June 30, 2017 54.42%
March 31, 2017 54.68%
December 31, 2016 54.86%
September 30, 2016 53.73%
June 30, 2016 53.48%
March 31, 2016 53.68%
December 31, 2015 53.83%
September 30, 2015 53.23%
June 30, 2015 53.36%
March 31, 2015 53.65%
December 31, 2014 53.59%
September 30, 2014 53.49%
June 30, 2014 53.76%
March 31, 2014 53.85%
December 31, 2013 54.04%
September 30, 2013 53.90%
June 30, 2013 53.36%
March 31, 2013 53.90%
December 31, 2012 52.81%
September 30, 2012 52.51%
June 30, 2012 52.63%

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

54.17%
Minimum
Dec 2019
62.36%
Maximum
Dec 2023
57.94%
Average
57.10%
Median

Gross Profit Margin (Quarterly) Benchmarks