Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 60.89%
June 30, 2024 61.06%
March 31, 2024 59.82%
December 31, 2023 61.87%
September 30, 2023 60.64%
June 30, 2023 57.12%
March 31, 2023 54.39%
December 31, 2022 58.95%
September 30, 2022 58.27%
June 30, 2022 57.99%
March 31, 2022 58.14%
December 31, 2021 58.98%
September 30, 2021 57.31%
June 30, 2021 59.46%
March 31, 2021 59.95%
December 31, 2020 60.67%
September 30, 2020 61.17%
June 30, 2020 60.02%
March 31, 2020 57.72%
December 31, 2019 57.25%
September 30, 2019 59.08%
June 30, 2019 60.75%
March 31, 2019 59.41%
December 31, 2018 58.55%
September 30, 2018 61.73%
Date Value
June 30, 2018 60.46%
March 31, 2018 57.95%
December 31, 2017 57.47%
September 30, 2017 60.46%
June 30, 2017 58.42%
March 31, 2017 53.70%
December 31, 2016 58.53%
September 30, 2016 56.71%
June 30, 2016 56.56%
March 31, 2016 55.60%
December 31, 2015 57.89%
September 30, 2015 57.30%
June 30, 2015 58.83%
March 31, 2015 58.54%
December 31, 2014 58.66%
September 30, 2014 58.57%
June 30, 2014 56.97%
March 31, 2014 58.17%
December 31, 2013 59.62%
September 30, 2013 58.25%
June 30, 2013 63.27%
March 31, 2013 63.49%
December 31, 2012 64.46%
September 30, 2012 62.37%
June 30, 2012 70.20%

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

54.39%
Minimum
Mar 2023
61.87%
Maximum
Dec 2023
59.08%
Average
59.22%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics