Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 40.66%
June 30, 2024 42.64%
March 31, 2024 41.19%
December 31, 2023 39.24%
September 30, 2023 41.65%
June 30, 2023 38.78%
March 31, 2023 38.14%
December 31, 2022 32.62%
September 30, 2022 35.29%
June 30, 2022 35.50%
March 31, 2022 44.05%
December 31, 2021 42.69%
September 30, 2021 50.07%
June 30, 2021 45.65%
March 31, 2021 49.00%
December 31, 2020 50.11%
September 30, 2020 52.93%
June 30, 2020 50.59%
March 31, 2020 50.07%
December 31, 2019
September 30, 2019 57.37%
June 30, 2019 56.30%
March 31, 2019 55.07%
December 31, 2018 52.19%
September 30, 2018 55.45%
Date Value
June 30, 2018 54.38%
March 31, 2018 56.59%
December 31, 2017 56.59%
September 30, 2017 57.56%
June 30, 2017 56.46%
March 31, 2017 55.10%
December 31, 2016 49.56%
September 30, 2016 57.91%
June 30, 2016 57.70%
March 31, 2016 56.24%
December 31, 2015 50.56%
September 30, 2015 52.77%
June 30, 2015 52.22%
March 31, 2015 53.45%
December 31, 2014 52.11%
September 30, 2014 53.17%
June 30, 2014 53.27%
March 31, 2014 94.14%
December 31, 2013 -20.68%
September 30, 2013 39.56%
June 30, 2013 32.75%
March 31, 2013 43.67%
December 31, 2012 35.76%
September 30, 2012 42.95%
June 30, 2012 36.48%

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

32.62%
Minimum
Dec 2022
52.93%
Maximum
Sep 2020
43.20%
Average
42.64%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks