Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 50.95%
March 31, 2024 49.90%
December 31, 2023 51.07%
September 30, 2023 50.08%
June 30, 2023 49.48%
March 31, 2023 48.18%
December 31, 2022 49.91%
September 30, 2022 43.45%
June 30, 2022 46.26%
March 31, 2022 45.30%
December 31, 2021 50.99%
September 30, 2021 49.60%
June 30, 2021 48.30%
March 31, 2021 48.51%
December 31, 2020 50.42%
September 30, 2020 48.66%
June 30, 2020 47.34%
March 31, 2020 47.55%
December 31, 2019 51.35%
September 30, 2019 50.50%
June 30, 2019 50.05%
March 31, 2019 46.65%
December 31, 2018 48.27%
September 30, 2018 48.39%
June 30, 2018 46.70%
Date Value
March 31, 2018 45.57%
December 31, 2017 49.57%
September 30, 2017 48.27%
June 30, 2017 46.09%
March 31, 2017 44.50%
December 31, 2016 49.28%
September 30, 2016 49.74%
June 30, 2016 47.27%
March 31, 2016 42.08%
December 31, 2015 49.82%
September 30, 2015 48.17%
June 30, 2015 47.37%
March 31, 2015 44.81%
December 31, 2014 50.03%
September 30, 2014 47.70%
June 30, 2014 47.09%
March 31, 2014 46.99%
December 31, 2013 49.59%
September 30, 2013 50.43%
June 30, 2013 50.10%
March 31, 2013 48.40%
December 31, 2012
September 30, 2012 50.49%
June 30, 2012 49.35%
March 31, 2012 49.74%

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

43.45%
Minimum
Sep 2022
51.35%
Maximum
Dec 2019
48.80%
Average
49.48%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics