Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 46.36%
June 30, 2024 47.66%
March 31, 2024 46.90%
December 31, 2023 46.39%
September 30, 2023 45.11%
June 30, 2023 47.74%
March 31, 2023 46.50%
December 31, 2022 45.86%
September 30, 2022 44.77%
June 30, 2022 45.79%
March 31, 2022 43.90%
December 31, 2021 46.25%
September 30, 2021 45.13%
June 30, 2021 44.28%
March 31, 2021 44.95%
December 31, 2020 43.09%
September 30, 2020 41.81%
June 30, 2020 38.57%
March 31, 2020 42.62%
December 31, 2019 43.28%
September 30, 2019 42.85%
June 30, 2019 43.82%
March 31, 2019 43.90%
December 31, 2018 44.87%
September 30, 2018 46.03%
Date Value
June 30, 2018 44.49%
March 31, 2018 43.37%
December 31, 2017 44.87%
September 30, 2017 44.90%
June 30, 2017 45.10%
March 31, 2017 44.39%
December 31, 2016 44.55%
September 30, 2016 43.20%
June 30, 2016 44.25%
March 31, 2016 43.53%
December 31, 2015 43.57%
September 30, 2015 43.51%
June 30, 2015 44.09%
March 31, 2015 42.74%
December 31, 2014 45.29%
September 30, 2014 44.58%
June 30, 2014 43.16%
March 31, 2014 43.65%
December 31, 2013 44.46%
September 30, 2013 44.29%
June 30, 2013 42.76%
March 31, 2013 41.36%
December 31, 2012 44.47%
September 30, 2012 47.27%
June 30, 2012 46.78%

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

38.57%
Minimum
Jun 2020
47.74%
Maximum
Jun 2023
44.85%
Average
45.12%
Median

Gross Profit Margin (Quarterly) Benchmarks