Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.75%
March 31, 2024 54.38%
December 31, 2023 50.66%
September 30, 2023 51.54%
June 30, 2023 52.45%
March 31, 2023 53.94%
December 31, 2022 47.71%
September 30, 2022 49.49%
June 30, 2022 51.97%
March 31, 2022 54.76%
December 31, 2021 49.02%
September 30, 2021 54.34%
June 30, 2021 55.95%
March 31, 2021 58.31%
December 31, 2020 50.71%
September 30, 2020 46.07%
June 30, 2020 15.40%
March 31, 2020 50.32%
December 31, 2019 50.24%
September 30, 2019 51.36%
June 30, 2019 52.07%
Date Value
March 31, 2019 54.84%
December 31, 2018 47.23%
September 30, 2018 50.97%
June 30, 2018 53.08%
March 31, 2018 54.41%
December 31, 2017 50.62%
September 30, 2017 57.57%
June 30, 2017 57.08%
March 31, 2017 60.15%
December 31, 2016 48.98%
September 30, 2016 52.76%
June 30, 2016 52.38%
March 31, 2016 53.96%
December 31, 2015 45.66%
September 30, 2015 51.81%
June 30, 2015 49.33%
March 31, 2015 47.63%
December 31, 2014 41.55%
September 30, 2014 48.54%
June 30, 2014 49.93%
March 31, 2014 48.59%

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

15.40%
Minimum
Jun 2020
58.31%
Maximum
Mar 2021
50.00%
Average
51.54%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics