Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.76%
March 31, 2024 41.57%
December 31, 2023 50.70%
September 30, 2023 47.27%
June 30, 2023 47.55%
March 31, 2023 40.50%
December 31, 2022 51.59%
September 30, 2022 48.73%
June 30, 2022 49.69%
March 31, 2022 43.03%
December 31, 2021 53.28%
September 30, 2021 49.95%
June 30, 2021 44.40%
March 31, 2021 31.48%
December 31, 2020 47.53%
September 30, 2020 44.81%
June 30, 2020 33.88%
March 31, 2020 41.66%
December 31, 2019 47.57%
September 30, 2019 46.92%
June 30, 2019 47.75%
March 31, 2019 41.65%
December 31, 2018 47.94%
September 30, 2018 48.02%
June 30, 2018 47.22%
Date Value
March 31, 2018 41.67%
December 31, 2017 45.83%
September 30, 2017 45.82%
June 30, 2017 46.16%
March 31, 2017 41.95%
December 31, 2016 45.85%
September 30, 2016 47.36%
June 30, 2016 47.68%
March 31, 2016 42.65%
December 31, 2015 45.14%
September 30, 2015 45.88%
June 30, 2015 46.35%
March 31, 2015 42.19%
December 31, 2014 45.77%
September 30, 2014 47.34%
June 30, 2014 48.68%
March 31, 2014 43.21%
December 31, 2013 46.96%
September 30, 2013 49.47%
June 30, 2013 48.48%
March 31, 2013 41.91%
December 31, 2012 43.06%
September 30, 2012 48.36%
June 30, 2012 47.25%
March 31, 2012 43.02%

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
Mar 2021
53.28%
Maximum
Dec 2021
45.52%
Average
47.53%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics