Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 48.48%
March 31, 2024 50.33%
December 31, 2023 47.70%
September 30, 2023 47.98%
June 30, 2023 49.48%
March 31, 2023 50.52%
December 31, 2022 47.48%
September 30, 2022 46.79%
June 30, 2022 47.40%
March 31, 2022 47.67%
December 31, 2021 45.09%
September 30, 2021 47.66%
June 30, 2021 49.47%
March 31, 2021 49.36%
December 31, 2020 38.64%
September 30, 2020 38.68%
June 30, 2020 28.67%
March 31, 2020 37.72%
December 31, 2019 65.52%
September 30, 2019 38.28%
June 30, 2019 38.80%
March 31, 2019 39.25%
December 31, 2018 71.70%
September 30, 2018 39.95%
June 30, 2018 39.28%
Date Value
March 31, 2018 40.23%
December 31, 2017 35.86%
September 30, 2017 36.49%
June 30, 2017 38.08%
March 31, 2017 35.92%
December 31, 2016 37.87%
September 30, 2016 39.80%
June 30, 2016 39.13%
March 31, 2016 39.88%
December 31, 2015 37.41%
September 30, 2015 37.78%
June 30, 2015 37.70%
March 31, 2015 36.12%
December 31, 2014 33.27%
September 30, 2014 33.99%
June 30, 2014 32.17%
March 31, 2014 34.81%
December 31, 2013 36.80%
September 30, 2013 26.44%
June 30, 2013 31.70%
March 31, 2013 34.74%
December 31, 2012 27.24%
September 30, 2012 29.22%
June 30, 2012 31.47%
March 31, 2012 32.87%

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

28.67%
Minimum
Jun 2020
65.52%
Maximum
Dec 2019
46.56%
Average
47.67%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks