Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.12%
March 31, 2024 38.82%
December 31, 2023 38.85%
September 30, 2023 43.80%
June 30, 2023 43.50%
March 31, 2023 40.40%
December 31, 2022 37.08%
September 30, 2022 42.11%
June 30, 2022 46.25%
March 31, 2022 43.99%
December 31, 2021 44.33%
September 30, 2021 51.89%
June 30, 2021 51.22%
March 31, 2021 46.60%
December 31, 2020 48.43%
September 30, 2020 53.73%
June 30, 2020 49.52%
March 31, 2020 49.86%
December 31, 2019 50.81%
September 30, 2019 55.01%
June 30, 2019 54.10%
March 31, 2019 51.34%
December 31, 2018 49.94%
September 30, 2018 54.45%
June 30, 2018 53.53%
Date Value
March 31, 2018 50.86%
December 31, 2017 49.14%
September 30, 2017 54.13%
June 30, 2017 52.69%
March 31, 2017 50.15%
December 31, 2016 49.16%
September 30, 2016 53.77%
June 30, 2016 52.88%
March 31, 2016 50.93%
December 31, 2015 48.97%
September 30, 2015 54.90%
June 30, 2015 54.40%
March 31, 2015 51.05%
December 31, 2014 48.69%
September 30, 2014 54.50%
June 30, 2014 53.61%
March 31, 2014 50.01%
December 31, 2013 49.64%
September 30, 2013 53.05%
June 30, 2013 51.90%
March 31, 2013 48.88%
December 31, 2012 47.72%
September 30, 2012 50.32%
June 30, 2012 52.16%
March 31, 2012 49.19%

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

37.08%
Minimum
Dec 2022
53.73%
Maximum
Sep 2020
45.60%
Average
45.12%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics