Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 70.74%
March 31, 2024 70.31%
December 31, 2023 70.89%
September 30, 2023 70.92%
June 30, 2023 69.46%
March 31, 2023 69.43%
December 31, 2022 70.22%
September 30, 2022 69.36%
June 30, 2022 67.59%
March 31, 2022 67.41%
December 31, 2021 67.11%
September 30, 2021 68.93%
June 30, 2021 68.91%
March 31, 2021 69.10%
December 31, 2020 70.22%
September 30, 2020 70.47%
June 30, 2020 70.60%
March 31, 2020 70.62%
December 31, 2019 72.33%
September 30, 2019 71.58%
June 30, 2019 71.91%
Date Value
March 31, 2019 72.71%
December 31, 2018 71.96%
September 30, 2018 71.44%
June 30, 2018 70.24%
March 31, 2018 69.56%
December 31, 2017 70.21%
September 30, 2017 71.56%
June 30, 2017 72.43%
March 31, 2017 72.89%
December 31, 2016 74.06%
September 30, 2016 75.12%
June 30, 2016 75.06%
March 31, 2016 74.96%
December 31, 2015 72.72%
September 30, 2015 75.05%
June 30, 2015 73.92%
March 31, 2015 72.46%
December 31, 2014 73.80%
September 30, 2014 77.10%
June 30, 2014 76.45%
March 31, 2014 76.95%

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

67.11%
Minimum
Dec 2021
72.33%
Maximum
Dec 2019
69.72%
Average
70.22%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics