Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 60.78%
June 30, 2024 61.77%
March 31, 2024 62.86%
December 31, 2023 63.11%
September 30, 2023 63.65%
June 30, 2023 63.25%
March 31, 2023 64.68%
December 31, 2022 64.37%
September 30, 2022 64.65%
June 30, 2022 64.55%
March 31, 2022 64.91%
December 31, 2021 65.15%
September 30, 2021 65.09%
June 30, 2021 67.32%
March 31, 2021 65.79%
December 31, 2020 65.74%
September 30, 2020 67.70%
June 30, 2020 41.45%
March 31, 2020 45.40%
December 31, 2019 50.37%
September 30, 2019 45.92%
Date Value
June 30, 2019 45.72%
March 31, 2019 53.64%
December 31, 2018 52.17%
September 30, 2018 50.85%
June 30, 2018 52.65%
March 31, 2018 55.36%
December 31, 2017 53.24%
September 30, 2017 53.53%
June 30, 2017 53.34%
March 31, 2017 54.88%
December 31, 2016 51.28%
September 30, 2016 55.80%
June 30, 2016 56.84%
March 31, 2016 58.79%
December 31, 2015 57.04%
September 30, 2015 55.90%
June 30, 2015 56.86%
March 31, 2015 57.89%
December 31, 2014 56.04%
September 30, 2014 54.66%

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

41.45%
Minimum
Jun 2020
67.70%
Maximum
Sep 2020
61.63%
Average
64.46%
Median

Gross Profit Margin (Quarterly) Benchmarks