Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 43.06%
March 31, 2024 42.93%
December 31, 2023 46.91%
September 30, 2023 40.65%
June 30, 2023 41.49%
March 31, 2023 31.79%
December 31, 2022 34.69%
September 30, 2022 39.06%
June 30, 2022 42.66%
March 31, 2022 41.74%
December 31, 2021 53.86%
September 30, 2021 47.99%
June 30, 2021 49.99%
March 31, 2021 55.54%
December 31, 2020 56.24%
September 30, 2020 57.84%
June 30, 2020 54.89%
March 31, 2020 55.07%
December 31, 2019 53.66%
September 30, 2019 56.83%
June 30, 2019 53.68%
March 31, 2019 56.21%
December 31, 2018 59.51%
September 30, 2018 58.53%
June 30, 2018 53.16%
Date Value
March 31, 2018 44.48%
December 31, 2017 52.49%
September 30, 2017 53.42%
June 30, 2017 52.48%
March 31, 2017 51.66%
December 31, 2016 97.96%
September 30, 2016 47.62%
June 30, 2016 50.56%
March 31, 2016 43.26%
December 31, 2015 -994.5%
September 30, 2015 39.54%
June 30, 2015 36.96%
March 31, 2015 40.96%
December 31, 2014 65.61%
September 30, 2014 64.16%
June 30, 2014 66.65%
March 31, 2014 66.81%
December 31, 2013 56.53%
September 30, 2013 68.12%
June 30, 2013 55.06%
March 31, 2013 58.41%
December 31, 2012 48.36%
September 30, 2012 59.01%
June 30, 2012 58.43%
March 31, 2012 59.14%

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

31.79%
Minimum
Mar 2023
57.84%
Maximum
Sep 2020
46.85%
Average
46.91%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics