Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 45.86%
June 30, 2024 45.94%
March 31, 2024 45.59%
December 31, 2023 46.15%
September 30, 2023 44.66%
June 30, 2023 44.31%
March 31, 2023 45.40%
December 31, 2022 46.79%
September 30, 2022 44.66%
June 30, 2022 45.79%
March 31, 2022 44.72%
December 31, 2021 45.36%
September 30, 2021 45.24%
June 30, 2021 45.57%
March 31, 2021 44.42%
December 31, 2020 43.49%
September 30, 2020 44.56%
June 30, 2020 42.00%
March 31, 2020 43.72%
December 31, 2019 43.11%
September 30, 2019 43.46%
June 30, 2019 44.10%
March 31, 2019 44.03%
December 31, 2018 43.01%
September 30, 2018 43.01%
Date Value
June 30, 2018 43.54%
March 31, 2018 43.11%
December 31, 2017 42.99%
September 30, 2017 43.97%
June 30, 2017 43.75%
March 31, 2017 43.75%
December 31, 2016 33.95%
September 30, 2016 44.23%
June 30, 2016 43.52%
March 31, 2016 44.85%
December 31, 2015 43.73%
September 30, 2015 45.42%
June 30, 2015 43.45%
March 31, 2015 43.62%
December 31, 2014 43.80%
September 30, 2014 42.47%
June 30, 2014 42.66%
March 31, 2014 42.87%
December 31, 2013 42.91%
September 30, 2013 43.53%
June 30, 2013 42.29%
March 31, 2013 42.81%
December 31, 2012 41.84%
September 30, 2012 42.01%
June 30, 2012 41.36%

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

42.00%
Minimum
Jun 2020
46.79%
Maximum
Dec 2022
44.87%
Average
44.98%
Median