Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.06%
March 31, 2024 38.91%
December 31, 2023 44.12%
September 30, 2023 51.71%
June 30, 2023 48.74%
March 31, 2023 40.60%
December 31, 2022 33.07%
September 30, 2022 36.64%
June 30, 2022 36.37%
March 31, 2022 37.09%
December 31, 2021 36.37%
September 30, 2021 48.46%
June 30, 2021 44.72%
March 31, 2021 10.70%
December 31, 2020 42.58%
September 30, 2020 54.59%
June 30, 2020 49.37%
March 31, 2020 40.88%
December 31, 2019 39.72%
September 30, 2019 51.84%
June 30, 2019 41.89%
March 31, 2019 32.33%
December 31, 2018 31.56%
September 30, 2018 47.38%
June 30, 2018 42.52%
Date Value
March 31, 2018 34.40%
December 31, 2017 36.46%
September 30, 2017 48.72%
June 30, 2017 41.23%
March 31, 2017 27.46%
December 31, 2016 40.05%
September 30, 2016 48.53%
June 30, 2016 41.00%
March 31, 2016 32.63%
December 31, 2015 32.90%
September 30, 2015 48.71%
June 30, 2015 41.06%
March 31, 2015 32.66%
December 31, 2014 34.49%
September 30, 2014 45.22%
June 30, 2014 37.51%
March 31, 2014 27.59%
December 31, 2013 31.36%
September 30, 2013 48.12%
June 30, 2013 32.91%
March 31, 2013 22.23%
December 31, 2012 25.96%
September 30, 2012 38.32%
June 30, 2012 34.23%
March 31, 2012 24.72%

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

10.70%
Minimum
Mar 2021
54.59%
Maximum
Sep 2020
41.35%
Average
40.88%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks