Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 44.90%
March 31, 2024 38.96%
December 31, 2023 42.26%
September 30, 2023 43.34%
June 30, 2023 44.69%
March 31, 2023 38.97%
December 31, 2022 42.13%
September 30, 2022 42.89%
June 30, 2022 46.47%
March 31, 2022 39.48%
December 31, 2021 46.28%
September 30, 2021 46.68%
June 30, 2021 48.85%
March 31, 2021 38.78%
December 31, 2020 44.91%
September 30, 2020 47.95%
June 30, 2020 48.47%
March 31, 2020 39.75%
December 31, 2019 45.49%
September 30, 2019 46.06%
June 30, 2019 45.40%
March 31, 2019 39.74%
December 31, 2018 42.06%
September 30, 2018 45.49%
June 30, 2018 47.30%
Date Value
March 31, 2018 39.08%
December 31, 2017 43.48%
September 30, 2017 46.41%
June 30, 2017 47.54%
March 31, 2017 38.35%
December 31, 2016 43.40%
September 30, 2016 46.20%
June 30, 2016 47.55%
March 31, 2016 40.13%
December 31, 2015 42.73%
September 30, 2015 44.44%
June 30, 2015 45.49%
March 31, 2015 34.81%
December 31, 2014 41.72%
September 30, 2014 42.88%
June 30, 2014 45.87%
March 31, 2014 30.34%
December 31, 2013 36.23%
September 30, 2013 37.04%
June 30, 2013 39.68%
March 31, 2013 37.14%
December 31, 2012 40.39%
September 30, 2012 40.43%
June 30, 2012 36.08%
March 31, 2012 33.57%

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

38.78%
Minimum
Mar 2021
48.85%
Maximum
Jun 2021
43.75%
Average
44.69%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics