Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.32%
March 31, 2024 53.76%
December 31, 2023 52.60%
September 30, 2023 53.78%
June 30, 2023 51.58%
March 31, 2023 48.88%
December 31, 2022 33.92%
September 30, 2022 36.88%
June 30, 2022 44.47%
March 31, 2022 41.87%
December 31, 2021 34.25%
September 30, 2021 43.34%
June 30, 2021 44.44%
March 31, 2021 45.73%
December 31, 2020 41.92%
September 30, 2020 46.14%
June 30, 2020 31.48%
March 31, 2020 45.57%
December 31, 2019 46.95%
September 30, 2019 43.82%
June 30, 2019 44.76%
March 31, 2019 42.67%
December 31, 2018 42.98%
September 30, 2018 40.89%
June 30, 2018 44.53%
Date Value
March 31, 2018 40.05%
December 31, 2017 40.16%
September 30, 2017 40.08%
June 30, 2017 45.30%
March 31, 2017 40.18%
December 31, 2016 31.94%
September 30, 2016 31.99%
June 30, 2016 40.06%
March 31, 2016 30.84%
December 31, 2015 30.25%
September 30, 2015 31.06%
June 30, 2015 40.69%
March 31, 2015 29.88%
December 31, 2014 31.18%
September 30, 2014 30.31%
June 30, 2014 38.46%
March 31, 2014 30.78%
December 31, 2013 27.68%
September 30, 2013 29.23%
June 30, 2013 38.06%
March 31, 2013 27.10%
December 31, 2012 26.96%
September 30, 2012 27.18%
June 30, 2012 35.41%
March 31, 2012 29.38%

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

31.48%
Minimum
Jun 2020
55.32%
Maximum
Jun 2024
44.89%
Average
45.57%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics