Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 49.97%
June 30, 2024 56.12%
March 31, 2024 48.87%
December 31, 2023 47.94%
September 30, 2023 47.33%
June 30, 2023 50.95%
March 31, 2023 50.68%
December 31, 2022 52.45%
September 30, 2022 54.83%
June 30, 2022 52.68%
March 31, 2022 54.15%
December 31, 2021 55.51%
September 30, 2021 50.92%
June 30, 2021 52.42%
March 31, 2021 48.58%
December 31, 2020 47.78%
September 30, 2020 47.43%
June 30, 2020 48.99%
March 31, 2020 44.74%
December 31, 2019 48.83%
September 30, 2019 48.53%
Date Value
June 30, 2019 48.22%
March 31, 2019 48.01%
December 31, 2018 47.12%
September 30, 2018 48.10%
June 30, 2018 47.86%
March 31, 2018 46.92%
December 31, 2017 48.43%
September 30, 2017 52.13%
June 30, 2017 53.27%
March 31, 2017 52.85%
December 31, 2016 54.64%
September 30, 2016 52.80%
June 30, 2016 52.30%
March 31, 2016 51.31%
December 31, 2015 53.21%
September 30, 2015 51.37%
June 30, 2015 53.15%
March 31, 2015 50.11%
March 31, 2011 44.58%
March 31, 2010 50.08%

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

44.74%
Minimum
Mar 2020
56.12%
Maximum
Jun 2024
50.56%
Average
50.32%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics