Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 56.48%
September 30, 2023 55.48%
June 30, 2023 53.87%
March 31, 2023 52.01%
December 31, 2022 52.48%
September 30, 2022 52.48%
June 30, 2022 49.97%
March 31, 2022 53.61%
December 31, 2021 52.26%
September 30, 2021 56.46%
June 30, 2021 56.37%
March 31, 2021 55.13%
December 31, 2020 56.65%
September 30, 2020 56.42%
June 30, 2020 54.54%
March 31, 2020 55.57%
December 31, 2019 57.70%
September 30, 2019 56.62%
June 30, 2019 57.82%
March 31, 2019 55.83%
December 31, 2018 54.92%
September 30, 2018 49.96%
June 30, 2018 51.74%
March 31, 2018 50.74%
December 31, 2017 59.65%
Date Value
September 30, 2017 59.37%
June 30, 2017 60.04%
March 31, 2017 59.80%
December 31, 2016 60.27%
September 30, 2016 59.35%
June 30, 2016 60.47%
March 31, 2016 59.52%
December 31, 2015 60.54%
September 30, 2015 58.71%
June 30, 2015 59.27%
March 31, 2015 58.51%
December 31, 2014 59.31%
September 30, 2014 58.43%
June 30, 2014 59.23%
March 31, 2014 60.37%
December 31, 2013 60.15%
September 30, 2013 57.87%
June 30, 2013 58.04%
March 31, 2013 57.25%
December 31, 2012 59.23%
September 30, 2012 59.03%
June 30, 2012 57.74%
March 31, 2012 57.12%
December 31, 2011 58.66%
September 30, 2011 56.05%

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

49.97%
Minimum
Jun 2022
57.82%
Maximum
Jun 2019
54.89%
Average
55.52%
Median

Gross Profit Margin (Quarterly) Benchmarks