Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 67.03%
June 30, 2024 66.73%
March 31, 2024 67.12%
December 31, 2023 67.94%
September 30, 2023 67.54%
June 30, 2023 69.39%
March 31, 2023 70.71%
December 31, 2022 69.77%
September 30, 2022 70.19%
June 30, 2022 70.99%
March 31, 2022 72.08%
December 31, 2021 73.21%
September 30, 2021 70.95%
June 30, 2021 71.02%
March 31, 2021 71.72%
December 31, 2020 71.13%
September 30, 2020 71.00%
June 30, 2020 71.13%
March 31, 2020 70.65%
December 31, 2019 69.32%
September 30, 2019 70.05%
June 30, 2019 69.46%
March 31, 2019 69.92%
December 31, 2018 71.58%
September 30, 2018 70.95%
Date Value
June 30, 2018 72.22%
March 31, 2018 72.44%
December 31, 2017 72.11%
September 30, 2017 71.90%
June 30, 2017 71.54%
March 31, 2017 71.64%
December 31, 2016 73.05%
September 30, 2016 73.00%
June 30, 2016 72.63%
March 31, 2016 73.99%
December 31, 2015 72.36%
September 30, 2015 72.00%
June 30, 2015 72.57%
March 31, 2015 73.85%
December 31, 2014 72.98%
September 30, 2014 70.87%
June 30, 2014 71.17%
March 31, 2014 70.72%
December 31, 2013 70.20%
September 30, 2013 68.75%
June 30, 2013 70.78%
March 31, 2013 69.98%
December 31, 2012 71.87%
September 30, 2012 69.06%
June 30, 2012 70.47%

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

66.73%
Minimum
Jun 2024
73.21%
Maximum
Dec 2021
69.98%
Average
70.68%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics