Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 48.05%
June 30, 2024 47.53%
March 31, 2024 47.46%
December 31, 2023 46.76%
September 30, 2023 47.52%
June 30, 2023 45.46%
March 31, 2023 41.49%
December 31, 2022 45.03%
September 30, 2022 46.05%
June 30, 2022 45.31%
March 31, 2022 44.74%
December 31, 2021 46.80%
September 30, 2021 45.92%
June 30, 2021 46.20%
March 31, 2021 46.27%
December 31, 2020 46.40%
September 30, 2020 47.41%
June 30, 2020 45.86%
March 31, 2020 46.61%
December 31, 2019 45.66%
September 30, 2019 45.33%
June 30, 2019 45.78%
March 31, 2019 44.05%
December 31, 2018 45.39%
September 30, 2018 45.40%
Date Value
June 30, 2018 47.33%
March 31, 2018 46.01%
December 31, 2017 46.71%
September 30, 2017 46.38%
June 30, 2017 45.59%
March 31, 2017 45.10%
December 31, 2016 44.99%
September 30, 2016 43.87%
June 30, 2016 45.19%
March 31, 2016 43.47%
December 31, 2015 43.95%
September 30, 2015 45.15%
June 30, 2015 43.31%
March 31, 2015 43.11%
December 31, 2014 43.55%
September 30, 2014 43.87%
June 30, 2014 44.61%
March 31, 2014 43.25%
December 31, 2013 43.71%
September 30, 2013 42.55%
June 30, 2013 41.97%
March 31, 2013 40.22%
December 31, 2012 36.64%
September 30, 2012 36.82%
June 30, 2012 40.20%

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

41.49%
Minimum
Mar 2023
48.05%
Maximum
Sep 2024
46.13%
Average
46.23%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics