Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 67.82%
March 31, 2024 66.85%
December 31, 2023 68.08%
September 30, 2023 66.21%
June 30, 2023 65.55%
March 31, 2023 66.25%
December 31, 2022 65.70%
September 30, 2022 68.95%
June 30, 2022 66.87%
March 31, 2022 66.80%
December 31, 2021 66.09%
September 30, 2021 70.48%
June 30, 2021 69.59%
March 31, 2021 72.90%
December 31, 2020 72.59%
September 30, 2020 68.62%
June 30, 2020 68.34%
March 31, 2020 67.34%
December 31, 2019 70.36%
September 30, 2019 67.36%
June 30, 2019 67.79%
March 31, 2019 67.40%
December 31, 2018 67.90%
September 30, 2018 70.26%
June 30, 2018 70.59%
Date Value
March 31, 2018 70.98%
December 31, 2017 78.84%
September 30, 2017 83.31%
June 30, 2017 81.98%
March 31, 2017 81.49%
December 31, 2016 82.44%
September 30, 2016 84.39%
June 30, 2016 84.13%
March 31, 2016 77.87%
December 31, 2015 83.00%
September 30, 2015 85.58%
June 30, 2015 85.44%
March 31, 2015 78.38%
December 31, 2014 84.12%
September 30, 2014 85.79%
June 30, 2014 88.42%
March 31, 2014 83.88%
December 31, 2013 85.72%
September 30, 2013 88.39%
June 30, 2013 88.85%
March 31, 2013 86.20%
December 31, 2012 86.90%
September 30, 2012 88.46%
June 30, 2012 88.38%

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

65.55%
Minimum
Jun 2023
72.90%
Maximum
Mar 2021
68.18%
Average
67.82%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics