Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 50.16%
September 30, 2023 50.64%
June 30, 2023 50.99%
March 31, 2023 50.98%
December 31, 2022 51.05%
September 30, 2022 48.16%
June 30, 2022 50.99%
March 31, 2022 51.06%
December 31, 2021 51.02%
September 30, 2021 50.59%
June 30, 2021 50.31%
March 31, 2021 50.44%
December 31, 2020 50.29%
September 30, 2020 51.07%
June 30, 2020 45.63%
March 31, 2020 49.34%
December 31, 2019 48.44%
September 30, 2019 49.62%
June 30, 2019 49.45%
March 31, 2019 49.51%
December 31, 2018 48.58%
September 30, 2018 49.49%
June 30, 2018 49.52%
March 31, 2018 49.86%
December 31, 2017 48.91%
Date Value
September 30, 2017 49.52%
June 30, 2017 50.36%
March 31, 2017 50.50%
December 31, 2016 49.19%
September 30, 2016 49.51%
June 30, 2016 49.99%
March 31, 2016 49.74%
December 31, 2015 49.50%
September 30, 2015 49.29%
June 30, 2015 49.73%
March 31, 2015 49.85%
December 31, 2014 49.12%
September 30, 2014 49.51%
June 30, 2014 50.11%
March 31, 2014 49.64%
December 31, 2013 48.97%
September 30, 2013 49.57%
June 30, 2013 50.11%
March 31, 2013 49.48%
December 31, 2012 49.08%
September 30, 2012 49.88%
June 30, 2012 50.10%
March 31, 2012 49.12%
December 31, 2011 48.78%
September 30, 2011 49.32%

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

45.63%
Minimum
Jun 2020
51.07%
Maximum
Sep 2020
49.99%
Average
50.38%
Median

Gross Profit Margin (Quarterly) Benchmarks