Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 67.74%
March 31, 2024 69.46%
December 31, 2023 70.85%
September 30, 2023 67.78%
June 30, 2023 66.81%
March 31, 2023 67.16%
December 31, 2022 58.78%
September 30, 2022 55.25%
June 30, 2022 63.56%
March 31, 2022 70.99%
December 31, 2021 69.29%
September 30, 2021 68.47%
June 30, 2021 69.41%
March 31, 2021 66.39%
December 31, 2020 65.46%
September 30, 2020 64.87%
June 30, 2020 62.97%
March 31, 2020 64.09%
December 31, 2019 64.04%
September 30, 2019 64.08%
June 30, 2019 65.73%
March 31, 2019 66.85%
December 31, 2018 66.92%
September 30, 2018 67.50%
June 30, 2018 66.05%
Date Value
March 31, 2018 61.35%
December 31, 2017 60.92%
September 30, 2017 60.46%
June 30, 2017 58.89%
March 31, 2017 58.40%
December 31, 2016 58.83%
September 30, 2016 58.65%
June 30, 2016 57.78%
March 31, 2016 54.24%
December 31, 2015 50.11%
September 30, 2015 44.22%
June 30, 2015 50.40%
March 31, 2015 60.63%
December 31, 2014
September 30, 2014 50.73%
June 30, 2014 49.66%
March 31, 2014 47.44%
December 31, 2013 48.18%
September 30, 2013 44.83%
June 30, 2013 44.65%
March 31, 2013 43.86%
December 31, 2012 43.78%
September 30, 2012 44.55%
June 30, 2012 43.76%
March 31, 2012 42.50%

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

55.25%
Minimum
Sep 2022
70.99%
Maximum
Mar 2022
65.97%
Average
66.81%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics