Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 54.24%
September 30, 2023 53.00%
June 30, 2023 52.52%
March 31, 2023 52.85%
December 31, 2022 51.84%
September 30, 2022 51.33%
June 30, 2022 47.11%
March 31, 2022 51.14%
December 31, 2021 53.86%
September 30, 2021 55.95%
June 30, 2021 57.24%
March 31, 2021 57.48%
December 31, 2020 57.74%
September 30, 2020 59.09%
June 30, 2020 60.29%
March 31, 2020 59.99%
December 31, 2019 60.04%
September 30, 2019 59.37%
June 30, 2019 59.90%
March 31, 2019 60.63%
December 31, 2018 59.75%
September 30, 2018 59.80%
June 30, 2018 61.06%
March 31, 2018 60.55%
December 31, 2017 62.15%
Date Value
September 30, 2017 62.64%
June 30, 2017 64.33%
March 31, 2017 64.80%
December 31, 2016 66.08%
September 30, 2016 63.83%
June 30, 2016 62.58%
March 31, 2016 62.20%
December 31, 2015 62.49%
September 30, 2015 61.52%
June 30, 2015 56.87%
March 31, 2015 58.86%
December 31, 2014 54.79%
September 30, 2014 53.76%
June 30, 2014 55.19%
March 31, 2014 53.50%
December 31, 2013 51.25%
September 30, 2013 52.08%
June 30, 2013 53.30%
March 31, 2013 52.05%
December 31, 2012 51.72%
September 30, 2012 50.48%
June 30, 2012 51.80%
March 31, 2012 53.05%
December 31, 2011 52.26%
September 30, 2011 52.73%

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

47.11%
Minimum
Jun 2022
60.63%
Maximum
Mar 2019
55.78%
Average
56.59%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics