Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 58.34%
June 30, 2024 58.53%
March 31, 2024 58.84%
December 31, 2023 55.88%
September 30, 2023 59.61%
June 30, 2023 59.58%
March 31, 2023 63.69%
December 31, 2022 59.62%
September 30, 2022 60.85%
June 30, 2022 62.77%
March 31, 2022 65.12%
December 31, 2021 61.88%
September 30, 2021 64.19%
June 30, 2021 64.32%
March 31, 2021 66.26%
December 31, 2020 63.35%
September 30, 2020 63.49%
June 30, 2020 59.93%
March 31, 2020 57.14%
December 31, 2019 56.85%
September 30, 2019 56.85%
June 30, 2019 57.63%
March 31, 2019 57.62%
December 31, 2018 57.53%
September 30, 2018 56.15%
Date Value
June 30, 2018 56.64%
March 31, 2018 57.85%
December 31, 2017 57.46%
September 30, 2017 58.31%
June 30, 2017 57.25%
March 31, 2017 59.75%
December 31, 2016 59.56%
September 30, 2016 59.22%
June 30, 2016 58.01%
March 31, 2016 58.80%
December 31, 2015 58.67%
September 30, 2015 58.50%
June 30, 2015 59.23%
March 31, 2015 59.47%
December 31, 2014 60.97%
September 30, 2014 60.28%
June 30, 2014 60.06%
March 31, 2014 60.00%
December 31, 2013 61.63%
September 30, 2013 61.49%
June 30, 2013 61.68%
March 31, 2013 61.22%
December 31, 2012 61.77%
September 30, 2012 62.00%
June 30, 2012 62.00%

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

55.88%
Minimum
Dec 2023
66.26%
Maximum
Mar 2021
61.01%
Average
60.39%
Median

Gross Profit Margin (Quarterly) Benchmarks