Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.73%
March 31, 2024 54.63%
December 31, 2023 55.11%
September 30, 2023 55.54%
June 30, 2023 56.74%
March 31, 2023 56.51%
December 31, 2022 58.87%
September 30, 2022 57.18%
June 30, 2022 61.60%
March 31, 2022 61.75%
December 31, 2021 62.63%
September 30, 2021 60.70%
June 30, 2021 55.78%
March 31, 2021 60.04%
December 31, 2020
September 30, 2020 54.71%
June 30, 2020 55.11%
March 31, 2020 47.21%
December 31, 2019 49.43%
September 30, 2019 48.42%
June 30, 2019 48.14%
March 31, 2019 47.45%
December 31, 2018 49.75%
September 30, 2018 49.28%
June 30, 2018 48.36%
Date Value
March 31, 2018 45.38%
December 31, 2017 47.91%
September 30, 2017 48.53%
June 30, 2017 47.10%
March 31, 2017 46.63%
December 31, 2016 48.90%
September 30, 2016 48.31%
June 30, 2016 47.28%
March 31, 2016 47.20%
December 31, 2015 49.21%
September 30, 2015 45.19%
June 30, 2015 44.78%
March 31, 2015 44.67%
December 31, 2014 47.07%
September 30, 2014 44.89%
June 30, 2014 44.59%
March 31, 2014 44.42%
December 31, 2013 46.76%
September 30, 2013 44.68%
June 30, 2013 44.70%
March 31, 2013 44.50%
December 31, 2012 46.19%
September 30, 2012 45.28%
June 30, 2012 45.76%
March 31, 2012 45.41%

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

47.21%
Minimum
Mar 2020
62.63%
Maximum
Dec 2021
56.63%
Average
56.14%
Median

Gross Profit Margin (Quarterly) Benchmarks