Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.46%
March 31, 2024 51.49%
December 31, 2023 46.84%
September 30, 2023 50.91%
June 30, 2023 49.89%
March 31, 2023 49.23%
December 31, 2022 48.81%
September 30, 2022 59.46%
June 30, 2022 55.10%
March 31, 2022 57.42%
December 31, 2021 51.48%
September 30, 2021 57.43%
June 30, 2021 60.60%
March 31, 2021 59.58%
December 31, 2020 60.69%
September 30, 2020 60.19%
June 30, 2020 61.46%
March 31, 2020 58.75%
December 31, 2019 59.64%
September 30, 2019 56.95%
June 30, 2019 57.58%
March 31, 2019 56.84%
December 31, 2018 56.78%
September 30, 2018 58.01%
June 30, 2018 59.01%
Date Value
March 31, 2018 62.11%
December 31, 2017 59.97%
September 30, 2017 62.78%
June 30, 2017 61.04%
March 31, 2017 60.32%
December 31, 2016 63.20%
September 30, 2016 60.31%
June 30, 2016 61.49%
March 31, 2016 68.64%
December 31, 2015 70.36%
September 30, 2015 70.32%
June 30, 2015 68.61%
March 31, 2015 71.99%
December 31, 2014 71.49%
September 30, 2014 70.61%
June 30, 2014 72.83%
March 31, 2014 70.04%
December 31, 2013 67.45%
September 30, 2013 72.05%
June 30, 2013 70.45%
March 31, 2013 70.90%
December 31, 2012 73.95%
September 30, 2012 71.94%
June 30, 2012 73.01%
March 31, 2012 72.73%

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

46.84%
Minimum
Dec 2023
61.46%
Maximum
Jun 2020
55.18%
Average
57.42%
Median
Mar 2022