Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.83%
March 31, 2024 32.30%
December 31, 2023 25.75%
September 30, 2023 34.82%
June 30, 2023 33.26%
March 31, 2023 27.36%
December 31, 2022 33.73%
September 30, 2022 32.09%
June 30, 2022 35.32%
March 31, 2022 40.10%
December 31, 2021 48.42%
September 30, 2021 46.77%
June 30, 2021 47.24%
March 31, 2021 45.99%
December 31, 2020 51.10%
September 30, 2020 47.10%
June 30, 2020 42.20%
March 31, 2020 30.63%
December 31, 2019 49.40%
September 30, 2019 46.98%
June 30, 2019 44.33%
Date Value
March 31, 2019 40.75%
December 31, 2018 47.97%
September 30, 2018 50.34%
June 30, 2018 48.58%
March 31, 2018 49.45%
December 31, 2017 48.26%
September 30, 2017 51.31%
June 30, 2017 46.05%
March 31, 2017 43.89%
December 31, 2016 42.60%
September 30, 2016 44.05%
June 30, 2016 48.81%
March 31, 2016 47.95%
December 31, 2015 47.28%
September 30, 2015 48.01%
June 30, 2015 47.09%
March 31, 2015 45.08%
December 31, 2014 45.24%
September 30, 2014 50.28%
June 30, 2014 43.48%
March 31, 2014 33.92%

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

25.75%
Minimum
Dec 2023
51.10%
Maximum
Dec 2020
39.44%
Average
40.10%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics