Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 69.00%
June 30, 2024 68.31%
March 31, 2024 68.32%
December 31, 2023 69.72%
September 30, 2023 70.02%
June 30, 2023 69.74%
March 31, 2023 69.77%
December 31, 2022 69.37%
September 30, 2022 68.83%
June 30, 2022 68.47%
March 31, 2022 66.95%
December 31, 2021 64.23%
September 30, 2021 62.79%
June 30, 2021 61.30%
March 31, 2021 61.00%
December 31, 2020 60.52%
September 30, 2020 60.47%
June 30, 2020 60.22%
March 31, 2020 59.15%
December 31, 2019 59.15%
September 30, 2019 59.38%
June 30, 2019 58.69%
March 31, 2019 58.77%
December 31, 2018 56.58%
September 30, 2018 57.51%
Date Value
June 30, 2018 48.92%
March 31, 2018 57.31%
December 31, 2017 53.76%
September 30, 2017 57.98%
June 30, 2017 54.40%
March 31, 2017 58.16%
December 31, 2016 53.75%
September 30, 2016 59.55%
June 30, 2016 58.89%
March 31, 2016 59.17%
December 31, 2015 53.46%
September 30, 2015 54.55%
June 30, 2015 54.60%
March 31, 2015 53.99%
December 31, 2014 55.34%
September 30, 2014 58.69%
June 30, 2014 55.35%
March 31, 2014 56.02%
December 31, 2013 54.29%
September 30, 2013 53.21%
June 30, 2013 53.26%
March 31, 2013 53.62%
December 31, 2012 54.15%
September 30, 2012 54.38%
June 30, 2012 52.34%

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

59.15%
Minimum
Mar 2020
70.02%
Maximum
Sep 2023
65.37%
Average
67.63%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics