Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 71.97%
March 31, 2024 67.16%
December 31, 2023 65.36%
September 30, 2023 65.89%
June 30, 2023 66.96%
March 31, 2023 66.34%
December 31, 2022 64.54%
September 30, 2022 66.19%
June 30, 2022 67.67%
March 31, 2022 67.92%
December 31, 2021 69.71%
September 30, 2021 68.44%
June 30, 2021 67.80%
March 31, 2021 65.19%
December 31, 2020 66.33%
September 30, 2020 68.66%
June 30, 2020 68.07%
March 31, 2020 65.37%
December 31, 2019 64.00%
September 30, 2019 60.63%
June 30, 2019 65.90%
March 31, 2019 59.63%
December 31, 2018 55.85%
September 30, 2018 59.85%
June 30, 2018 53.86%
Date Value
March 31, 2018 57.50%
December 31, 2017 59.07%
September 30, 2017 53.21%
June 30, 2017 61.75%
March 31, 2017 63.57%
December 31, 2016 57.94%
September 30, 2016 65.06%
June 30, 2016 62.83%
March 31, 2016 66.94%
December 31, 2015 67.95%
September 30, 2015 66.58%
June 30, 2015 67.05%
March 31, 2015 65.36%
December 31, 2014 62.85%
September 30, 2014 65.79%
June 30, 2014 76.30%
March 31, 2014 53.79%
December 31, 2013 76.90%
September 30, 2013 84.78%
June 30, 2013 73.35%
March 31, 2013 78.07%
December 31, 2012 89.16%
September 30, 2012 86.08%
June 30, 2012 93.47%
March 31, 2012 92.65%

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

64.00%
Minimum
Dec 2019
71.97%
Maximum
Jun 2024
67.03%
Average
66.96%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics