Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 74.44%
June 30, 2024 74.08%
March 31, 2024 73.67%
December 31, 2023 76.10%
September 30, 2023 73.89%
June 30, 2023 74.17%
March 31, 2023 73.64%
December 31, 2022 73.71%
September 30, 2022 74.43%
June 30, 2022 73.34%
March 31, 2022 72.84%
December 31, 2021 70.83%
September 30, 2021 73.27%
June 30, 2021 73.00%
March 31, 2021 71.65%
December 31, 2020 70.92%
September 30, 2020 69.74%
June 30, 2020 72.24%
March 31, 2020 71.77%
December 31, 2019 72.57%
September 30, 2019 72.40%
June 30, 2019 73.74%
March 31, 2019 74.09%
December 31, 2018 73.32%
September 30, 2018 72.83%
Date Value
June 30, 2018 74.91%
March 31, 2018 74.13%
December 31, 2017 73.58%
September 30, 2017 73.97%
June 30, 2017 74.78%
March 31, 2017 74.16%
December 31, 2016 74.14%
September 30, 2016 74.63%
June 30, 2016 75.05%
March 31, 2016 73.66%
December 31, 2015 72.52%
September 30, 2015 74.71%
June 30, 2015 74.26%
March 31, 2015 73.80%
December 31, 2014 74.22%
September 30, 2014 74.62%
June 30, 2014 72.59%
March 31, 2014 70.87%
December 31, 2013 70.19%
September 30, 2013 71.82%
June 30, 2013 71.64%
March 31, 2013 72.26%
December 31, 2012 68.70%
September 30, 2012 70.49%
June 30, 2012 70.51%

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

69.74%
Minimum
Sep 2020
76.10%
Maximum
Dec 2023
73.02%
Average
73.30%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics