Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 46.57%
June 30, 2024 45.76%
March 31, 2024 44.95%
December 31, 2023 45.75%
September 30, 2023 45.42%
June 30, 2023 45.94%
March 31, 2023 47.09%
December 31, 2022 49.72%
September 30, 2022 50.99%
June 30, 2022 48.69%
March 31, 2022 50.86%
December 31, 2021 52.27%
September 30, 2021 54.19%
June 30, 2021 56.83%
March 31, 2021 57.77%
December 31, 2020 55.92%
September 30, 2020 56.66%
June 30, 2020 56.61%
March 31, 2020 49.55%
December 31, 2019 53.76%
September 30, 2019 53.38%
June 30, 2019 54.82%
Date Value
March 31, 2019 54.22%
December 31, 2018 54.61%
September 30, 2018 54.90%
June 30, 2018 56.03%
March 31, 2018 57.12%
December 31, 2017 65.12%
September 30, 2017 54.77%
June 30, 2017 56.25%
March 31, 2017 56.74%
December 31, 2016 57.70%
September 30, 2016 58.72%
June 30, 2016 59.81%
March 31, 2016 60.42%
December 31, 2015 61.07%
September 30, 2015 62.27%
June 30, 2015 64.34%
March 31, 2015 64.76%
December 31, 2014 64.11%
September 30, 2014 63.70%
June 30, 2014 66.26%
March 31, 2014 65.69%

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

44.95%
Minimum
Mar 2024
57.77%
Maximum
Mar 2021
50.76%
Average
50.29%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics