Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 49.56%
September 30, 2023 49.63%
June 30, 2023 48.71%
March 31, 2023 48.04%
December 31, 2022 50.15%
September 30, 2022 50.57%
June 30, 2022 49.53%
March 31, 2022 50.64%
December 31, 2021 50.55%
September 30, 2021 51.41%
June 30, 2021 50.39%
March 31, 2021 50.19%
December 31, 2020 50.98%
September 30, 2020 50.37%
June 30, 2020 51.23%
March 31, 2020 51.38%
December 31, 2019 50.05%
September 30, 2019 51.17%
June 30, 2019 50.13%
March 31, 2019 50.92%
December 31, 2018 53.81%
September 30, 2018 54.06%
June 30, 2018 47.14%
March 31, 2018 52.22%
December 31, 2017 50.26%
Date Value
September 30, 2017 53.71%
June 30, 2017 52.61%
March 31, 2017 51.73%
December 31, 2016 47.61%
September 30, 2016 52.35%
June 30, 2016 50.20%
March 31, 2016 50.09%
December 31, 2015 48.89%
September 30, 2015 50.94%
June 30, 2015 41.06%
March 31, 2015 51.10%
December 31, 2014 49.83%
September 30, 2014 50.50%
June 30, 2014 50.01%
March 31, 2014 48.53%
December 31, 2013 47.97%
September 30, 2013 51.96%
June 30, 2013 50.91%
March 31, 2013 50.26%
December 31, 2012 48.95%
September 30, 2012 50.81%
June 30, 2012 50.64%
March 31, 2012 49.25%
December 31, 2011 46.86%
September 30, 2011 49.56%

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

48.04%
Minimum
Mar 2023
51.41%
Maximum
Sep 2021
50.28%
Average
50.38%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics