Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 44.69%
June 30, 2024 44.71%
March 31, 2024 45.17%
December 31, 2023 41.72%
September 30, 2023 41.47%
June 30, 2023 40.63%
March 31, 2023 42.98%
December 31, 2022 40.83%
September 30, 2022 43.54%
June 30, 2022 43.51%
March 31, 2022 44.81%
December 31, 2021 42.79%
September 30, 2021 44.39%
June 30, 2021 46.08%
Date Value
March 31, 2021 46.12%
December 31, 2020 42.50%
September 30, 2020 44.19%
June 30, 2020 38.47%
March 31, 2020 37.81%
December 31, 2019 40.69%
September 30, 2019 40.11%
June 30, 2019 38.63%
March 31, 2019 38.15%
December 31, 2018 38.56%
September 30, 2018 39.79%
June 30, 2018 40.23%
March 31, 2018 42.89%

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

37.81%
Minimum
Mar 2020
46.12%
Maximum
Mar 2021
42.85%
Average
43.24%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics