Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 43.96%
March 31, 2024 43.49%
December 31, 2023 45.64%
September 30, 2023 45.86%
June 30, 2023 45.38%
March 31, 2023 44.55%
December 31, 2022 43.29%
September 30, 2022 44.14%
June 30, 2022 44.23%
March 31, 2022 44.21%
December 31, 2021 41.66%
September 30, 2021 42.93%
June 30, 2021 43.22%
March 31, 2021 42.28%
December 31, 2020 42.21%
September 30, 2020 41.35%
June 30, 2020 40.56%
March 31, 2020 41.45%
December 31, 2019 41.30%
September 30, 2019 41.58%
June 30, 2019 42.40%
March 31, 2019 42.17%
December 31, 2018 41.30%
September 30, 2018 43.31%
June 30, 2018 43.37%
Date Value
March 31, 2018 42.30%
December 31, 2017 42.36%
September 30, 2017 40.13%
June 30, 2017 44.91%
March 31, 2017 42.30%
December 31, 2016 43.34%
September 30, 2016 42.13%
June 30, 2016 42.46%
March 31, 2016 40.85%
December 31, 2015 40.60%
September 30, 2015 43.25%
June 30, 2015 42.85%
March 31, 2015 42.28%
December 31, 2014 42.26%
September 30, 2014 41.92%
June 30, 2014 39.89%
March 31, 2014 40.57%
December 31, 2013 41.59%
September 30, 2013 42.78%
June 30, 2013 41.67%
March 31, 2013 40.80%
December 31, 2012 47.32%
September 30, 2012 41.50%
June 30, 2012 43.57%
March 31, 2012 42.46%

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

40.56%
Minimum
Jun 2020
45.86%
Maximum
Sep 2023
43.25%
Average
43.29%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks