Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 62.22%
March 31, 2024 61.98%
December 31, 2023 62.89%
September 30, 2023 60.01%
June 30, 2023 56.63%
March 31, 2023 57.16%
December 31, 2022 63.37%
September 30, 2022 62.45%
June 30, 2022 64.31%
March 31, 2022 59.00%
December 31, 2021 61.00%
September 30, 2021 56.29%
June 30, 2021 59.04%
March 31, 2021 54.54%
December 31, 2020 52.38%
September 30, 2020 57.18%
June 30, 2020 58.57%
March 31, 2020 57.26%
December 31, 2019 60.61%
September 30, 2019 60.40%
June 30, 2019 61.65%
March 31, 2019 69.60%
December 31, 2018 62.22%
September 30, 2018 58.10%
June 30, 2018 56.14%
Date Value
March 31, 2018 51.17%
December 31, 2017 62.97%
September 30, 2017 45.09%
June 30, 2017 43.98%
March 31, 2017 35.80%
December 31, 2016 61.95%
September 30, 2016 59.50%
June 30, 2016 51.77%
March 31, 2016 49.26%
December 31, 2015 53.52%
September 30, 2015 47.97%
June 30, 2015 48.26%
March 31, 2015 49.15%
December 31, 2014 50.61%
September 30, 2014 47.33%
June 30, 2014 48.83%
March 31, 2014 56.46%
December 31, 2013 61.05%
September 30, 2013 61.46%
June 30, 2013 59.11%
March 31, 2013 76.12%
December 31, 2012 87.48%
September 30, 2012 95.44%
June 30, 2012 98.42%

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

52.38%
Minimum
Dec 2020
64.31%
Maximum
Jun 2022
59.31%
Average
59.04%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics