Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 52.68%
March 31, 2024 52.62%
December 31, 2023 48.03%
September 30, 2023 51.87%
June 30, 2023 54.55%
March 31, 2023 55.03%
December 31, 2022 45.77%
September 30, 2022 45.88%
June 30, 2022 43.05%
March 31, 2022 26.45%
December 31, 2021 38.71%
September 30, 2021 40.47%
June 30, 2021 36.80%
March 31, 2021 38.42%
December 31, 2020 30.56%
September 30, 2020 45.88%
June 30, 2020 43.33%
March 31, 2020 47.99%
December 31, 2019 41.20%
September 30, 2019 47.46%
June 30, 2019 50.26%
March 31, 2019 52.69%
December 31, 2018 50.07%
September 30, 2018 50.54%
June 30, 2018 47.39%
Date Value
March 31, 2018 47.88%
December 31, 2017 50.17%
September 30, 2017 48.43%
June 30, 2017 47.29%
March 31, 2017 43.53%
December 31, 2016 44.23%
September 30, 2016 40.87%
June 30, 2016 40.42%
March 31, 2016 40.99%
December 31, 2015 41.55%
September 30, 2015 44.39%
June 30, 2015 41.58%
March 31, 2015 40.16%
December 31, 2014 39.94%
September 30, 2014 39.48%
June 30, 2014 41.93%
March 31, 2014 42.04%
December 31, 2013 39.92%
September 30, 2013 42.97%
June 30, 2013 40.87%
March 31, 2013 42.72%
December 31, 2012 39.17%
September 30, 2012 36.98%
June 30, 2012 36.85%
March 31, 2012 38.60%

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

26.45%
Minimum
Mar 2022
55.03%
Maximum
Mar 2023
44.17%
Average
45.77%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics