Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 70.59%
March 31, 2024 72.23%
December 31, 2023 74.16%
September 30, 2023 74.22%
June 30, 2023 70.39%
March 31, 2023 70.75%
December 31, 2022 72.71%
September 30, 2022 71.24%
June 30, 2022 71.16%
March 31, 2022 72.15%
December 31, 2021 72.58%
September 30, 2021 72.44%
June 30, 2021 71.17%
March 31, 2021 68.49%
December 31, 2020 69.03%
September 30, 2020 66.66%
June 30, 2020 65.34%
March 31, 2020 65.14%
December 31, 2019 62.86%
September 30, 2019 54.01%
June 30, 2019 55.85%
March 31, 2019 51.79%
December 31, 2018 56.46%
September 30, 2018 62.25%
June 30, 2018 62.14%
Date Value
March 31, 2018 60.47%
December 31, 2017 58.52%
September 30, 2017 55.55%
June 30, 2017 46.38%
March 31, 2017 46.02%
December 31, 2016 47.85%
September 30, 2016 44.72%
June 30, 2016 42.82%
March 31, 2016 44.97%
December 31, 2015 43.16%
September 30, 2015 41.49%
June 30, 2015 40.22%
March 31, 2015 37.93%
December 31, 2014 39.59%
September 30, 2014 39.86%
June 30, 2014 39.42%
March 31, 2014
December 31, 2013 25.05%
September 30, 2013 25.64%
June 30, 2013 23.75%
March 31, 2013 25.15%
December 31, 2012 23.53%
September 30, 2012 24.62%
June 30, 2012 22.95%
March 31, 2012 27.67%

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

62.86%
Minimum
Dec 2019
74.22%
Maximum
Sep 2023
70.17%
Average
71.16%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks