Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.21%
March 31, 2024 40.18%
December 31, 2023 42.16%
September 30, 2023 39.23%
June 30, 2023 43.33%
March 31, 2023 45.74%
December 31, 2022 47.97%
September 30, 2022 47.52%
June 30, 2022 47.32%
March 31, 2022 47.74%
December 31, 2021 47.32%
September 30, 2021 46.82%
June 30, 2021 50.04%
March 31, 2021 49.36%
December 31, 2020 50.44%
September 30, 2020 47.96%
June 30, 2020 45.34%
March 31, 2020 49.03%
December 31, 2019 49.58%
September 30, 2019 49.07%
June 30, 2019 40.74%
March 31, 2019 49.38%
December 31, 2018 49.91%
September 30, 2018 49.94%
June 30, 2018 50.50%
Date Value
March 31, 2018 50.22%
December 31, 2017 51.03%
September 30, 2017 50.67%
June 30, 2017 50.36%
March 31, 2017 49.95%
December 31, 2016 50.74%
September 30, 2016 50.80%
June 30, 2016 50.33%
March 31, 2016 50.37%
December 31, 2015 50.94%
September 30, 2015 49.52%
June 30, 2015 48.53%
March 31, 2015 46.21%
December 31, 2014 46.31%
September 30, 2014 45.12%
June 30, 2014 45.01%
March 31, 2014 44.16%
December 31, 2013 43.94%
September 30, 2013 43.84%
June 30, 2013 43.16%
March 31, 2013 41.56%
December 31, 2012 42.45%
September 30, 2012 42.20%
June 30, 2012 42.49%
March 31, 2012 41.76%

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

39.23%
Minimum
Sep 2023
50.44%
Maximum
Dec 2020
46.17%
Average
47.32%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Broadcom Inc 63.92%
Cirrus Logic Inc 50.51%
Intel Corp 15.03%
Qualcomm Inc 55.56%
Qorvo Inc 42.55%

Gross Profit Margin (Quarterly) Related Metrics