Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 45.86%
June 30, 2024 45.76%
March 31, 2024 44.32%
December 31, 2023 44.49%
September 30, 2023 44.46%
June 30, 2023 44.46%
March 31, 2023 42.34%
December 31, 2022 43.68%
September 30, 2022 41.88%
June 30, 2022 42.87%
March 31, 2022 40.83%
December 31, 2021 41.61%
September 30, 2021 40.11%
June 30, 2021 42.63%
March 31, 2021 41.39%
December 31, 2020 41.55%
September 30, 2020 41.87%
June 30, 2020 33.58%
March 31, 2020 43.19%
December 31, 2019 43.84%
September 30, 2019 45.64%
June 30, 2019 45.59%
Date Value
March 31, 2019 43.38%
December 31, 2018 44.31%
September 30, 2018 46.56%
June 30, 2018 47.19%
March 31, 2018 45.88%
December 31, 2017 46.18%
September 30, 2017 47.61%
June 30, 2017 48.38%
March 31, 2017 45.75%
December 31, 2016 46.61%
September 30, 2016 48.22%
June 30, 2016 49.80%
March 31, 2016 47.95%
December 31, 2015 47.64%
September 30, 2015 49.12%
June 30, 2015 48.64%
March 31, 2015 46.82%
December 31, 2014 44.25%
September 30, 2014 46.56%
June 30, 2014 47.08%
March 31, 2014 45.59%
December 31, 2013 45.15%

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

33.58%
Minimum
Jun 2020
45.86%
Maximum
Sep 2024
42.54%
Average
42.75%
Median

Gross Profit Margin (Quarterly) Benchmarks