Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 75.14%
March 31, 2024 71.63%
December 31, 2023 73.69%
September 30, 2023 75.75%
June 30, 2023 71.55%
March 31, 2023 69.43%
December 31, 2022 63.99%
September 30, 2022 69.74%
June 30, 2022 70.12%
March 31, 2022 77.17%
December 31, 2021 75.50%
September 30, 2021 72.87%
June 30, 2021 74.00%
March 31, 2021 73.66%
December 31, 2020 73.05%
September 30, 2020 74.47%
June 30, 2020 70.46%
March 31, 2020 71.87%
December 31, 2019 73.94%
September 30, 2019 78.69%
June 30, 2019 75.44%
March 31, 2019 70.10%
December 31, 2018 74.79%
September 30, 2018 77.15%
June 30, 2018 75.13%
Date Value
March 31, 2018 69.33%
December 31, 2017 73.07%
September 30, 2017 72.93%
June 30, 2017 66.43%
March 31, 2017 64.52%
December 31, 2016 67.60%
September 30, 2016 36.87%
June 30, 2016 66.90%
March 31, 2016 69.03%
December 31, 2015 71.97%
September 30, 2015 74.44%
June 30, 2015 68.00%
March 31, 2015 69.85%
December 31, 2014 69.30%
September 30, 2014 60.82%
June 30, 2014 57.69%
March 31, 2014 50.56%
December 31, 2013 45.25%
September 30, 2013 36.41%
June 30, 2013 40.41%
March 31, 2013 1.69%
December 31, 2012 7.44%
September 30, 2012 -9.44%
June 30, 2012 45.84%
March 31, 2012 16.77%

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

63.99%
Minimum
Dec 2022
77.17%
Maximum
Mar 2022
72.53%
Average
73.05%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks