Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 46.33%
June 30, 2024 46.88%
March 31, 2024 45.23%
December 31, 2023 47.87%
September 30, 2023 48.15%
June 30, 2023 46.92%
March 31, 2023 49.89%
December 31, 2022 47.69%
September 30, 2022 49.62%
June 30, 2022 47.15%
March 31, 2022 52.60%
December 31, 2021 48.97%
September 30, 2021 50.50%
June 30, 2021 49.69%
March 31, 2021 50.70%
December 31, 2020 45.12%
September 30, 2020 50.37%
June 30, 2020 44.84%
March 31, 2020 44.49%
December 31, 2019 47.67%
Date Value
September 30, 2019 47.23%
June 30, 2019 46.70%
March 31, 2019 46.76%
December 31, 2018 47.45%
September 30, 2018 48.54%
June 30, 2018 47.93%
March 31, 2018 47.68%
December 31, 2017 48.23%
September 30, 2017 49.14%
June 30, 2017 46.99%
March 31, 2017 46.99%
December 31, 2016 47.01%
September 30, 2016 45.79%
June 30, 2016 49.40%
March 31, 2016 49.30%
December 31, 2015 46.51%
September 30, 2015 47.71%
June 30, 2015 49.79%
March 31, 2015 48.51%
December 31, 2014 49.13%

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

44.49%
Minimum
Mar 2020
52.60%
Maximum
Mar 2022
48.03%
Average
47.78%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics