Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.56%
March 31, 2024 56.27%
December 31, 2023 56.60%
September 30, 2023 55.05%
June 30, 2023 55.13%
March 31, 2023 55.22%
December 31, 2022 57.27%
September 30, 2022 57.28%
June 30, 2022 55.96%
March 31, 2022 58.37%
December 31, 2021 59.80%
September 30, 2021 57.83%
June 30, 2021 57.77%
March 31, 2021 56.75%
December 31, 2020 57.63%
September 30, 2020 66.86%
June 30, 2020 57.49%
March 31, 2020 55.96%
December 31, 2019 58.38%
September 30, 2019 56.00%
June 30, 2019 78.06%
March 31, 2019 56.26%
December 31, 2018 54.81%
September 30, 2018 50.68%
June 30, 2018 55.33%
Date Value
March 31, 2018 57.11%
December 31, 2017 55.87%
September 30, 2017 54.83%
June 30, 2017 53.68%
March 31, 2017 55.98%
December 31, 2016 59.28%
September 30, 2016 58.94%
June 30, 2016 58.07%
March 31, 2016 61.43%
December 31, 2015 56.12%
September 30, 2015 58.72%
June 30, 2015 57.97%
March 31, 2015 61.88%
December 31, 2014 57.08%
September 30, 2014 58.80%
June 30, 2014 59.74%
March 31, 2014 61.02%
December 31, 2013 59.14%
September 30, 2013 58.12%
June 30, 2013 60.00%
March 31, 2013 61.27%
December 31, 2012 62.83%
September 30, 2012 62.20%
June 30, 2012 62.84%
March 31, 2012 63.93%

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

55.05%
Minimum
Sep 2023
66.86%
Maximum
Sep 2020
57.43%
Average
57.27%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics