Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 43.68%
June 30, 2024 45.29%
March 31, 2024 43.10%
December 31, 2023 42.26%
September 30, 2023 43.13%
June 30, 2023 43.37%
March 31, 2023 42.22%
December 31, 2022 41.52%
September 30, 2022 40.93%
June 30, 2022 39.88%
March 31, 2022 38.32%
December 31, 2021 34.97%
September 30, 2021 38.82%
June 30, 2021 40.83%
March 31, 2021 38.96%
December 31, 2020 38.11%
September 30, 2020 38.68%
June 30, 2020 37.99%
March 31, 2020 41.21%
December 31, 2019 39.95%
September 30, 2019 39.09%
June 30, 2019 38.70%
March 31, 2019 40.06%
December 31, 2018 39.74%
September 30, 2018 39.22%
Date Value
June 30, 2018 38.49%
March 31, 2018 38.82%
December 31, 2017 38.82%
September 30, 2017 37.68%
June 30, 2017 37.84%
March 31, 2017 39.85%
December 31, 2016 35.72%
September 30, 2016 36.85%
June 30, 2016 37.04%
March 31, 2016 37.21%
December 31, 2015 37.11%
September 30, 2015 35.05%
June 30, 2015 37.08%
March 31, 2015 39.60%
December 31, 2014 39.18%
September 30, 2014 35.32%
June 30, 2014 38.79%
March 31, 2014 39.78%
December 31, 2013 38.29%
September 30, 2013 39.81%
June 30, 2013 39.42%
March 31, 2013 39.49%
December 31, 2012 37.66%
September 30, 2012 37.39%
June 30, 2012 37.20%

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

34.97%
Minimum
Dec 2021
45.29%
Maximum
Jun 2024
40.66%
Average
40.88%
Median

Gross Profit Margin (Quarterly) Benchmarks