Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.77%
March 31, 2024 51.65%
December 31, 2023 55.80%
September 30, 2023 56.25%
June 30, 2023 56.42%
March 31, 2023 50.44%
December 31, 2022 56.04%
September 30, 2022 55.13%
June 30, 2022 58.59%
March 31, 2022 57.57%
December 31, 2021 58.38%
September 30, 2021 57.09%
June 30, 2021 59.03%
March 31, 2021 57.30%
December 31, 2020 59.51%
September 30, 2020 59.34%
June 30, 2020 52.86%
March 31, 2020 49.61%
December 31, 2019 51.16%
September 30, 2019 53.54%
June 30, 2019 55.46%
March 31, 2019 56.33%
December 31, 2018 53.83%
September 30, 2018 54.01%
June 30, 2018 61.46%
Date Value
March 31, 2018 52.20%
December 31, 2017 54.81%
September 30, 2017 52.78%
June 30, 2017 53.58%
March 31, 2017 52.22%
December 31, 2016 54.42%
September 30, 2016 52.84%
June 30, 2016 53.88%
March 31, 2016 54.04%
December 31, 2015 59.19%
September 30, 2015 58.14%
June 30, 2015 60.07%
March 31, 2015 58.56%
December 31, 2014 56.60%
September 30, 2014 53.44%
June 30, 2014 57.05%
March 31, 2014 57.71%
December 31, 2013 60.88%
September 30, 2013 59.38%
June 30, 2013 59.76%
March 31, 2013 61.68%
December 31, 2012 61.44%
September 30, 2012 58.60%
June 30, 2012 59.44%
March 31, 2012 56.23%

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

49.61%
Minimum
Mar 2020
59.51%
Maximum
Dec 2020
55.52%
Average
56.25%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics