Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 43.67%
June 30, 2024 44.26%
March 31, 2024 44.16%
December 31, 2023 44.58%
September 30, 2023 46.06%
June 30, 2023 47.02%
March 31, 2023 44.96%
December 31, 2022 44.46%
September 30, 2022 44.74%
June 30, 2022 44.93%
March 31, 2022 45.17%
December 31, 2021 42.49%
September 30, 2021 43.36%
June 30, 2021 42.16%
March 31, 2021 41.95%
December 31, 2020 39.55%
September 30, 2020 36.90%
June 30, 2020 38.66%
March 31, 2020 40.56%
December 31, 2019 39.69%
September 30, 2019 40.00%
June 30, 2019 41.45%
March 31, 2019 40.13%
December 31, 2018 45.29%
September 30, 2018 46.40%
Date Value
June 30, 2018 46.43%
March 31, 2018 45.30%
December 31, 2017 46.08%
September 30, 2017 45.82%
June 30, 2017 46.31%
March 31, 2017 45.81%
December 31, 2016 45.99%
September 30, 2016 46.41%
June 30, 2016 45.33%
March 31, 2016 45.04%
December 31, 2015 46.38%
September 30, 2015 47.08%
June 30, 2015 48.76%
March 31, 2015 49.99%
December 31, 2014 49.72%
September 30, 2014 49.65%
June 30, 2014 47.84%
March 31, 2014 46.60%
December 31, 2013 46.51%
September 30, 2013 46.74%
June 30, 2013 46.36%
March 31, 2013 45.55%
December 31, 2012 46.71%
September 30, 2012 46.80%
June 30, 2012 46.91%

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

36.90%
Minimum
Sep 2020
47.02%
Maximum
Jun 2023
42.97%
Average
43.91%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics