Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.67%
March 31, 2024 43.31%
December 31, 2023 42.34%
September 30, 2023 41.76%
June 30, 2023 42.04%
March 31, 2023 47.20%
December 31, 2022 45.58%
September 30, 2022 44.35%
June 30, 2022 44.58%
March 31, 2022 47.53%
December 31, 2021 51.74%
September 30, 2021 48.75%
June 30, 2021 49.67%
March 31, 2021 53.35%
Date Value
December 31, 2020 57.81%
September 30, 2020 60.64%
June 30, 2020 62.70%
March 31, 2020 55.61%
December 31, 2019 66.88%
September 30, 2019 69.14%
June 30, 2019 64.60%
March 31, 2019 67.29%
December 31, 2018 70.29%
September 30, 2018 71.77%
June 30, 2018 69.15%
March 31, 2018 69.14%
December 31, 2017 69.98%

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

40.67%
Minimum
Jun 2024
66.88%
Maximum
Dec 2019
49.82%
Average
47.53%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics