Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.73%
March 31, 2024 58.38%
December 31, 2023 59.99%
September 30, 2023 56.71%
June 30, 2023 54.84%
March 31, 2023 56.36%
December 31, 2022 60.22%
September 30, 2022 56.51%
June 30, 2022 56.04%
March 31, 2022 56.15%
December 31, 2021 60.39%
September 30, 2021 57.21%
June 30, 2021 58.13%
March 31, 2021 58.53%
December 31, 2020 61.53%
September 30, 2020 56.53%
June 30, 2020 57.99%
March 31, 2020 56.83%
December 31, 2019 58.66%
September 30, 2019 54.25%
June 30, 2019 53.20%
March 31, 2019 52.61%
December 31, 2018 55.49%
September 30, 2018 52.21%
June 30, 2018 50.62%
Date Value
March 31, 2018 50.71%
December 31, 2017 55.15%
September 30, 2017 49.38%
June 30, 2017 47.62%
March 31, 2017 49.89%
December 31, 2016 52.88%
September 30, 2016 49.45%
June 30, 2016 47.75%
March 31, 2016 47.45%
December 31, 2015 49.00%
September 30, 2015 53.73%
June 30, 2015 49.68%
March 31, 2015 51.94%
December 31, 2014 -0.22%
September 30, 2014 49.47%
June 30, 2014 46.74%
March 31, 2014 47.29%
December 31, 2013 31.97%
September 30, 2013 49.87%
June 30, 2013 48.14%
March 31, 2013 49.49%
December 31, 2012 59.11%
September 30, 2012 51.57%
June 30, 2012 51.38%
March 31, 2012 51.57%

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

54.84%
Minimum
Jun 2023
61.53%
Maximum
Dec 2020
57.72%
Average
57.21%
Median
Sep 2021