Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 67.26%
September 30, 2023 67.74%
June 30, 2023 66.91%
March 31, 2023 65.57%
December 31, 2022 65.68%
September 30, 2022 65.43%
June 30, 2022 66.35%
March 31, 2022 68.65%
December 31, 2021 72.13%
September 30, 2021 73.98%
June 30, 2021 74.69%
March 31, 2021 73.86%
December 31, 2020 70.06%
September 30, 2020 71.89%
June 30, 2020 74.63%
March 31, 2020 70.83%
December 31, 2019 73.26%
September 30, 2019 74.07%
June 30, 2019 73.47%
March 31, 2019 72.06%
December 31, 2018 73.26%
September 30, 2018 73.74%
June 30, 2018 72.28%
March 31, 2018 71.98%
December 31, 2017 72.86%
Date Value
September 30, 2017 72.17%
June 30, 2017 70.25%
March 31, 2017 71.71%
December 31, 2016 70.98%
September 30, 2016 69.56%
June 30, 2016 68.35%
March 31, 2016 65.92%
December 31, 2015 66.98%
September 30, 2015 69.26%
June 30, 2015 69.75%
March 31, 2015 68.11%
December 31, 2014 67.29%
September 30, 2014 68.41%
June 30, 2014 68.80%
March 31, 2014 66.75%
December 31, 2013 66.40%
September 30, 2013 67.09%
June 30, 2013 68.24%
March 31, 2013 68.33%
December 31, 2012 15.00%
September 30, 2012 65.18%
June 30, 2012 62.90%
March 31, 2012 60.26%
December 31, 2011 61.01%
September 30, 2011 62.73%

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

65.43%
Minimum
Sep 2022
74.69%
Maximum
Jun 2021
70.43%
Average
71.36%
Median

Gross Profit Margin (Quarterly) Benchmarks