Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 64.84%
March 31, 2024 61.99%
December 31, 2023 60.07%
September 30, 2023 61.13%
June 30, 2023 62.24%
March 31, 2023 60.26%
December 31, 2022 62.05%
September 30, 2022 64.30%
June 30, 2022 66.01%
March 31, 2022 66.64%
December 31, 2021 68.14%
September 30, 2021 69.49%
June 30, 2021 71.23%
March 31, 2021 69.90%
December 31, 2020 66.11%
September 30, 2020 66.25%
June 30, 2020 67.61%
March 31, 2020 72.06%
December 31, 2019 69.54%
September 30, 2019 71.44%
June 30, 2019 68.38%
March 31, 2019 69.03%
December 31, 2018 68.05%
September 30, 2018 69.99%
June 30, 2018 69.28%
Date Value
March 31, 2018 68.80%
December 31, 2017 69.76%
September 30, 2017 67.51%
June 30, 2017 65.56%
March 31, 2017 61.54%
December 31, 2016 67.69%
September 30, 2016 70.18%
June 30, 2016 70.67%
March 31, 2016 69.41%
December 31, 2015 69.29%
September 30, 2015 70.43%
June 30, 2015 69.78%
March 31, 2015 69.63%
December 31, 2014 75.13%
September 30, 2014 69.48%
June 30, 2014 67.15%
March 31, 2014 66.14%
December 31, 2013 66.93%
September 30, 2013 58.84%
June 30, 2013 64.55%
March 31, 2013 66.26%
December 31, 2012 65.85%
September 30, 2012 68.52%
June 30, 2012 68.78%
March 31, 2012 66.36%

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

60.07%
Minimum
Dec 2023
72.06%
Maximum
Mar 2020
65.78%
Average
66.11%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics