Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.10%
March 31, 2024 51.42%
December 31, 2023 49.53%
September 30, 2023 52.57%
June 30, 2023 49.29%
March 31, 2023 47.55%
December 31, 2022 45.99%
September 30, 2022 48.46%
June 30, 2022 50.66%
March 31, 2022 52.99%
December 31, 2021 50.19%
September 30, 2021 54.19%
June 30, 2021 55.46%
March 31, 2021 56.51%
December 31, 2020 51.59%
September 30, 2020 52.79%
June 30, 2020 52.50%
March 31, 2020 54.67%
December 31, 2019 52.24%
September 30, 2019 55.48%
June 30, 2019 56.57%
Date Value
March 31, 2019 56.26%
December 31, 2018 54.02%
September 30, 2018 55.44%
June 30, 2018 55.91%
March 31, 2018 57.78%
December 31, 2017 54.37%
September 30, 2017 58.34%
June 30, 2017 57.26%
March 31, 2017 56.71%
December 31, 2016 52.26%
September 30, 2016 53.98%
June 30, 2016 54.85%
March 31, 2016 55.12%
December 31, 2015 53.72%
September 30, 2015 54.45%
June 30, 2015 56.21%
March 31, 2015 57.74%
December 31, 2014 55.75%
September 30, 2014 59.38%
June 30, 2014 60.45%
March 31, 2014 61.82%

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

45.99%
Minimum
Dec 2022
56.51%
Maximum
Mar 2021
51.56%
Average
51.59%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics