Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 50.34%
March 31, 2024 47.46%
December 31, 2023 39.64%
September 30, 2023 45.78%
June 30, 2023 51.91%
March 31, 2023 50.54%
December 31, 2022 48.61%
September 30, 2022 49.32%
June 30, 2022 50.65%
March 31, 2022 47.25%
December 31, 2021 40.26%
September 30, 2021 47.85%
June 30, 2021 45.76%
March 31, 2021 52.23%
December 31, 2020 43.33%
September 30, 2020 36.41%
June 30, 2020 49.48%
March 31, 2020 51.00%
December 31, 2019 41.63%
September 30, 2019 43.49%
June 30, 2019 53.61%
March 31, 2019 53.92%
December 31, 2018 44.57%
September 30, 2018 46.56%
June 30, 2018 48.45%
Date Value
March 31, 2018 51.68%
December 31, 2017 43.78%
September 30, 2017 44.52%
June 30, 2017 47.06%
March 31, 2017 48.64%
December 31, 2016 40.47%
September 30, 2016 45.86%
June 30, 2016 48.36%
March 31, 2016 52.10%
December 31, 2015 49.92%
September 30, 2015 40.80%
June 30, 2015 46.00%
March 31, 2015 47.34%
December 31, 2014 47.32%
September 30, 2014 47.22%
June 30, 2014 48.53%
March 31, 2014 51.49%
December 31, 2013 42.58%
September 30, 2013 45.54%
June 30, 2013 46.51%
March 31, 2013 46.77%
December 31, 2012 37.57%
September 30, 2012 43.80%
June 30, 2012 47.43%
March 31, 2012 43.66%

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

36.41%
Minimum
Sep 2020
52.23%
Maximum
Mar 2021
46.81%
Average
47.85%
Median
Sep 2021