Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 43.05%
March 31, 2024 48.62%
December 31, 2023 47.66%
September 30, 2023 48.11%
June 30, 2023 46.61%
March 31, 2023 46.70%
December 31, 2022 45.82%
September 30, 2022 46.67%
June 30, 2022 44.85%
March 31, 2022 42.93%
December 31, 2021 45.71%
September 30, 2021 46.50%
June 30, 2021 44.47%
March 31, 2021 44.89%
December 31, 2020 35.05%
September 30, 2020 44.46%
June 30, 2020 43.89%
March 31, 2020 38.87%
December 31, 2019 41.17%
September 30, 2019 41.46%
June 30, 2019 41.96%
March 31, 2019 42.88%
December 31, 2018 44.04%
September 30, 2018 46.00%
June 30, 2018 47.03%
Date Value
March 31, 2018 43.71%
December 31, 2017 23.05%
September 30, 2017 43.16%
June 30, 2017 43.86%
March 31, 2017 42.16%
December 31, 2016 39.99%
September 30, 2016 41.81%
June 30, 2016 43.23%
March 31, 2016 43.03%
December 31, 2015 38.38%
September 30, 2015 43.29%
June 30, 2015 44.33%
March 31, 2015 44.32%
December 31, 2014 39.76%
September 30, 2014 44.32%
June 30, 2014 45.00%
March 31, 2014 44.42%
December 31, 2013 43.45%
September 30, 2013 44.50%
June 30, 2013 44.79%
March 31, 2013 40.57%
December 31, 2012 41.18%
September 30, 2012 44.39%
June 30, 2012 46.05%
March 31, 2012 46.85%

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

35.05%
Minimum
Dec 2020
48.62%
Maximum
Mar 2024
44.53%
Average
44.89%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks