Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 61.82%
March 31, 2024 63.56%
December 31, 2023 51.16%
September 30, 2023 57.01%
June 30, 2023 60.93%
March 31, 2023 61.26%
December 31, 2022 47.96%
September 30, 2022 59.23%
June 30, 2022 60.04%
March 31, 2022 56.52%
December 31, 2021 51.92%
September 30, 2021 59.63%
June 30, 2021 59.78%
March 31, 2021 56.89%
December 31, 2020 52.72%
September 30, 2020 54.09%
June 30, 2020 59.07%
March 31, 2020 61.43%
December 31, 2019 43.72%
September 30, 2019 47.70%
June 30, 2019 48.47%
March 31, 2019 45.32%
December 31, 2018 38.96%
September 30, 2018 40.37%
June 30, 2018 49.30%
Date Value
March 31, 2018 38.88%
December 31, 2017 37.81%
September 30, 2017 35.91%
June 30, 2017 42.01%
March 31, 2017 33.06%
December 31, 2016 45.03%
September 30, 2016 41.48%
June 30, 2016 49.27%
March 31, 2016 47.80%
December 31, 2015 40.46%
September 30, 2015 44.75%
June 30, 2015 47.31%
March 31, 2015 38.97%
December 31, 2014 33.83%
September 30, 2014 50.22%
June 30, 2014 43.55%
March 31, 2014 19.18%
December 31, 2013 28.84%
September 30, 2013 22.29%
June 30, 2013 44.64%
March 31, 2013 14.18%
December 31, 2012 24.24%
September 30, 2012 16.76%
June 30, 2012 29.33%
March 31, 2012 24.65%

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

43.72%
Minimum
Dec 2019
63.56%
Maximum
Mar 2024
56.78%
Average
59.07%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics