Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 52.97%
September 30, 2023 54.48%
June 30, 2023 54.66%
March 31, 2023 55.24%
December 31, 2022 52.06%
September 30, 2022 53.08%
June 30, 2022 53.45%
March 31, 2022 54.12%
December 31, 2021 51.96%
September 30, 2021 53.47%
June 30, 2021 53.79%
March 31, 2021 54.99%
December 31, 2020 53.57%
September 30, 2020 54.92%
June 30, 2020 55.55%
March 31, 2020 55.86%
December 31, 2019 54.72%
September 30, 2019 55.24%
June 30, 2019 54.99%
March 31, 2019 55.85%
December 31, 2018 54.23%
September 30, 2018 54.34%
June 30, 2018 54.86%
March 31, 2018 54.98%
December 31, 2017 53.50%
Date Value
September 30, 2017 54.63%
June 30, 2017 55.07%
March 31, 2017 56.10%
December 31, 2016 54.10%
September 30, 2016 54.55%
June 30, 2016 55.63%
March 31, 2016 56.58%
December 31, 2015 54.33%
September 30, 2015 54.14%
June 30, 2015 54.46%
March 31, 2015 54.96%
December 31, 2014 51.28%
September 30, 2014 53.57%
June 30, 2014 53.96%
March 31, 2014 54.47%
December 31, 2013 52.46%
September 30, 2013 53.01%
June 30, 2013 53.01%
March 31, 2013 53.63%
December 31, 2012 51.62%
September 30, 2012 52.96%
June 30, 2012 51.91%
March 31, 2012 52.62%
December 31, 2011 51.73%
September 30, 2011 51.93%

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

51.96%
Minimum
Dec 2021
55.86%
Maximum
Mar 2020
54.25%
Average
54.57%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics