Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.95%
March 31, 2024 55.77%
December 31, 2023 57.65%
September 30, 2023 57.34%
June 30, 2023 56.36%
March 31, 2023 56.51%
December 31, 2022 57.78%
September 30, 2022 57.57%
June 30, 2022 56.85%
March 31, 2022 56.20%
December 31, 2021 58.69%
September 30, 2021 57.38%
June 30, 2021 57.62%
March 31, 2021 58.24%
December 31, 2020 57.61%
September 30, 2020 58.09%
June 30, 2020 58.60%
March 31, 2020 56.31%
December 31, 2019 57.44%
September 30, 2019 57.70%
June 30, 2019 56.53%
March 31, 2019 56.29%
December 31, 2018 58.01%
September 30, 2018 57.77%
June 30, 2018 57.44%
Date Value
March 31, 2018 56.96%
December 31, 2017 59.09%
September 30, 2017 56.68%
June 30, 2017 56.38%
March 31, 2017 54.55%
December 31, 2016 55.45%
September 30, 2016 54.41%
June 30, 2016 55.23%
March 31, 2016 56.56%
December 31, 2015 56.88%
September 30, 2015 57.45%
June 30, 2015 57.05%
March 31, 2015 57.07%
December 31, 2014 56.68%
September 30, 2014 57.13%
June 30, 2014 57.18%
March 31, 2014 56.48%
December 31, 2013 56.25%
September 30, 2013 58.87%
June 30, 2013 57.44%
March 31, 2013 57.02%
December 31, 2012 55.31%
September 30, 2012 58.52%
June 30, 2012 58.38%
March 31, 2012 57.76%

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

55.77%
Minimum
Mar 2024
58.69%
Maximum
Dec 2021
57.26%
Average
57.44%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks