Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.63%
March 31, 2024 38.23%
December 31, 2023 40.57%
September 30, 2023 43.26%
June 30, 2023 38.53%
March 31, 2023 32.63%
December 31, 2022 37.51%
September 30, 2022 29.09%
June 30, 2022 35.07%
March 31, 2022 44.20%
December 31, 2021 36.93%
September 30, 2021 41.20%
June 30, 2021 41.84%
March 31, 2021 42.07%
December 31, 2020 43.13%
September 30, 2020 45.13%
June 30, 2020 42.09%
March 31, 2020 40.90%
December 31, 2019 45.57%
September 30, 2019 41.14%
June 30, 2019 43.38%
March 31, 2019 41.31%
December 31, 2018 42.25%
September 30, 2018 39.51%
June 30, 2018 43.10%
Date Value
March 31, 2018 37.42%
December 31, 2017 37.04%
September 30, 2017 40.54%
June 30, 2017 43.49%
March 31, 2017 40.44%
December 31, 2016 41.20%
September 30, 2016 41.36%
June 30, 2016 43.55%
March 31, 2016 45.23%
December 31, 2015 43.87%
September 30, 2015 39.58%
June 30, 2015 42.37%
March 31, 2015 42.28%
December 31, 2014 45.80%
September 30, 2014 45.84%
June 30, 2014 43.34%
March 31, 2014 40.65%
December 31, 2013 42.07%
September 30, 2013 42.89%
June 30, 2013 47.23%
March 31, 2013 41.14%
December 31, 2012 42.67%
September 30, 2012 40.18%
June 30, 2012 39.62%
March 31, 2012 40.55%

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

29.09%
Minimum
Sep 2022
45.57%
Maximum
Dec 2019
39.72%
Average
40.90%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics