Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.86%
March 31, 2024 48.38%
December 31, 2023 47.42%
September 30, 2023 46.38%
June 30, 2023 47.65%
March 31, 2023 55.52%
December 31, 2022 55.82%
September 30, 2022 54.12%
June 30, 2022 54.34%
March 31, 2022 56.69%
December 31, 2021 59.92%
September 30, 2021 58.11%
June 30, 2021 56.52%
March 31, 2021 55.18%
December 31, 2020 53.94%
September 30, 2020 59.14%
June 30, 2020 53.07%
March 31, 2020 55.74%
December 31, 2019 54.73%
September 30, 2019 52.11%
June 30, 2019 49.12%
March 31, 2019 48.41%
December 31, 2018 46.96%
September 30, 2018 56.23%
June 30, 2018 59.57%
Date Value
March 31, 2018 56.78%
December 31, 2017 52.70%
September 30, 2017 53.41%
June 30, 2017 57.24%
March 31, 2017 56.00%
December 31, 2016 18.45%
September 30, 2016 88.55%
June 30, 2016 87.56%
March 31, 2016 88.39%
December 31, 2015 88.67%
September 30, 2015 88.98%
June 30, 2015 89.05%
March 31, 2015 89.96%
December 31, 2014 87.35%
September 30, 2014 87.82%
June 30, 2014 87.58%
March 31, 2014 89.55%
December 31, 2013 86.90%
September 30, 2013 88.75%
June 30, 2013 87.88%
March 31, 2013 90.83%
December 31, 2012 89.10%
September 30, 2012 87.77%
June 30, 2012 87.82%
March 31, 2012 89.99%

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

46.38%
Minimum
Sep 2023
59.92%
Maximum
Dec 2021
53.71%
Average
54.73%
Median
Dec 2019