Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 38.72%
September 30, 2023 41.18%
June 30, 2023 40.89%
March 31, 2023 40.98%
December 31, 2022 41.07%
September 30, 2022 41.69%
June 30, 2022 40.76%
March 31, 2022 36.73%
December 31, 2021 40.33%
September 30, 2021 39.79%
June 30, 2021 41.36%
March 31, 2021 43.21%
December 31, 2020 41.30%
September 30, 2020 40.72%
June 30, 2020 39.76%
March 31, 2020 41.56%
December 31, 2019 41.73%
September 30, 2019 41.78%
June 30, 2019 43.86%
March 31, 2019 42.73%
December 31, 2018 44.98%
September 30, 2018 42.56%
June 30, 2018 43.84%
March 31, 2018 42.63%
December 31, 2017 44.13%
Date Value
September 30, 2017 41.46%
June 30, 2017 42.38%
March 31, 2017 42.24%
December 31, 2016 43.10%
September 30, 2016 42.37%
June 30, 2016 41.85%
March 31, 2016 41.25%
December 31, 2015 42.95%
September 30, 2015 41.32%
June 30, 2015 43.05%
March 31, 2015 43.41%
December 31, 2014 43.67%
September 30, 2014 42.26%
June 30, 2014 41.32%
March 31, 2014 40.97%
December 31, 2013 41.70%
September 30, 2013 40.64%
June 30, 2013 40.20%
March 31, 2013 40.48%
December 31, 2012 40.78%
September 30, 2012 39.31%
June 30, 2012 40.47%
March 31, 2012 39.61%
December 31, 2011 41.98%
September 30, 2011 40.09%

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

36.73%
Minimum
Mar 2022
43.86%
Maximum
Jun 2019
41.01%
Average
41.13%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics