Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.73%
March 31, 2024 45.66%
December 31, 2023 49.21%
September 30, 2023 45.54%
June 30, 2023 43.87%
March 31, 2023 40.40%
December 31, 2022 43.63%
September 30, 2022 41.79%
June 30, 2022 46.13%
March 31, 2022 44.13%
December 31, 2021 45.29%
September 30, 2021 43.11%
June 30, 2021 48.88%
March 31, 2021 47.37%
December 31, 2020 45.04%
September 30, 2020 46.79%
June 30, 2020 50.93%
March 31, 2020 49.89%
December 31, 2019 49.46%
September 30, 2019 45.18%
June 30, 2019 46.68%
March 31, 2019 45.62%
December 31, 2018 46.01%
September 30, 2018 35.95%
June 30, 2018 39.57%
Date Value
March 31, 2018 41.23%
December 31, 2017 29.13%
September 30, 2017 44.93%
June 30, 2017 43.53%
March 31, 2017 46.55%
December 31, 2016 44.73%
September 30, 2016 44.89%
June 30, 2016 43.05%
March 31, 2016 47.74%
December 31, 2015 47.32%
September 30, 2015 44.24%
June 30, 2015 46.02%
March 31, 2015 46.64%
December 31, 2014 47.05%
September 30, 2014 44.49%
June 30, 2014 46.96%
March 31, 2014 49.25%
December 31, 2013 17.76%
September 30, 2013 42.13%
June 30, 2013 45.97%
March 31, 2013 46.60%
December 31, 2012 45.27%
September 30, 2012 41.25%
June 30, 2012 48.27%
March 31, 2012 50.67%

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

40.40%
Minimum
Mar 2023
50.93%
Maximum
Jun 2020
46.04%
Average
45.66%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks