Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.34%
March 31, 2024 49.05%
December 31, 2023 47.86%
September 30, 2023 49.03%
June 30, 2023 48.58%
March 31, 2023 50.41%
December 31, 2022 50.79%
September 30, 2022 51.43%
June 30, 2022 45.67%
March 31, 2022 67.29%
December 31, 2021 65.60%
September 30, 2021 66.23%
June 30, 2021 63.23%
March 31, 2021 65.84%
December 31, 2020 63.34%
September 30, 2020 64.34%
June 30, 2020 63.66%
March 31, 2020 68.85%
December 31, 2019 67.44%
September 30, 2019 68.24%
June 30, 2019 67.21%
March 31, 2019 65.46%
December 31, 2018 66.48%
September 30, 2018 66.84%
June 30, 2018 67.17%
Date Value
March 31, 2018 67.46%
December 31, 2017 66.68%
September 30, 2017 64.16%
June 30, 2017 65.99%
March 31, 2017 67.34%
December 31, 2016 68.93%
September 30, 2016 65.70%
June 30, 2016 66.69%
March 31, 2016 66.73%
December 31, 2015 60.83%
September 30, 2015 67.00%
June 30, 2015 66.08%
March 31, 2015 66.72%
December 31, 2014 67.47%
September 30, 2014 66.77%
June 30, 2014 66.06%
March 31, 2014 66.02%
December 31, 2013 63.56%
September 30, 2013 66.55%
June 30, 2013 66.39%
March 31, 2013 65.90%
December 31, 2012 65.97%
September 30, 2012 65.79%
June 30, 2012 66.33%
March 31, 2012 66.52%

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

45.67%
Minimum
Jun 2022
68.85%
Maximum
Mar 2020
57.89%
Average
63.23%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks