Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 45.20%
June 30, 2024 43.87%
March 31, 2024 44.05%
December 31, 2023 44.49%
September 30, 2023 40.44%
June 30, 2023 44.65%
March 31, 2023 45.56%
December 31, 2022 42.02%
September 30, 2022 46.86%
June 30, 2022 46.46%
March 31, 2022 49.72%
December 31, 2021 43.87%
September 30, 2021 53.52%
June 30, 2021 52.43%
March 31, 2021 56.91%
December 31, 2020 47.00%
September 30, 2020 47.56%
Date Value
June 30, 2020 41.24%
March 31, 2020 43.99%
December 31, 2019 39.31%
September 30, 2019 45.41%
June 30, 2019 45.67%
March 31, 2019 48.82%
December 31, 2018 40.72%
September 30, 2018 45.56%
June 30, 2018 49.58%
March 31, 2018 46.21%
December 31, 2017 39.02%
September 30, 2017 39.99%
June 30, 2017 37.78%
March 31, 2017 38.80%
December 31, 2016 30.31%
September 30, 2016 29.25%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

39.31%
Minimum
Dec 2019
56.91%
Maximum
Mar 2021
45.96%
Average
44.92%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics