Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 68.88%
June 30, 2024 68.38%
March 31, 2024 69.55%
December 31, 2023 67.96%
September 30, 2023 68.97%
June 30, 2023 69.10%
March 31, 2023 69.12%
December 31, 2022 67.57%
September 30, 2022 69.83%
June 30, 2022 69.59%
March 31, 2022 70.13%
December 31, 2021 68.54%
September 30, 2021 71.15%
June 30, 2021 69.04%
March 31, 2021 68.65%
December 31, 2020 66.00%
September 30, 2020 66.89%
June 30, 2020 66.33%
March 31, 2020 70.70%
December 31, 2019 69.35%
September 30, 2019 71.68%
June 30, 2019 70.81%
March 31, 2019 71.89%
December 31, 2018 71.57%
September 30, 2018 71.80%
Date Value
June 30, 2018 72.28%
March 31, 2018 71.53%
December 31, 2017 71.87%
September 30, 2017 72.40%
June 30, 2017 71.66%
March 31, 2017 71.52%
December 31, 2016 62.15%
September 30, 2016 74.39%
June 30, 2016 75.39%
March 31, 2016 75.83%
December 31, 2015 73.17%
September 30, 2015 74.20%
June 30, 2015 74.22%
March 31, 2015 74.06%
December 31, 2014 73.12%
September 30, 2014 74.30%
June 30, 2014 74.30%
March 31, 2014 74.26%
December 31, 2013 72.49%
September 30, 2013 75.06%
June 30, 2013 74.42%
March 31, 2013 74.70%
December 31, 2012 71.02%
September 30, 2012 74.23%
June 30, 2012 74.54%

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

66.00%
Minimum
Dec 2020
71.15%
Maximum
Sep 2021
68.79%
Average
69.00%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics