Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 48.85%
March 31, 2024 49.84%
December 31, 2023 49.11%
September 30, 2023 46.97%
June 30, 2023 47.85%
March 31, 2023 48.77%
December 31, 2022 46.51%
September 30, 2022 47.73%
June 30, 2022 49.17%
March 31, 2022 52.90%
December 31, 2021 55.16%
September 30, 2021 50.35%
June 30, 2021 49.45%
March 31, 2021 51.25%
December 31, 2020 51.77%
September 30, 2020 51.83%
June 30, 2020 50.56%
March 31, 2020 51.77%
December 31, 2019 51.79%
September 30, 2019 52.28%
June 30, 2019 52.20%
March 31, 2019 53.68%
December 31, 2018 54.85%
September 30, 2018 52.13%
June 30, 2018 51.32%
Date Value
March 31, 2018 55.14%
December 31, 2017 56.62%
September 30, 2017 51.23%
June 30, 2017 53.18%
March 31, 2017 51.03%
December 31, 2016 46.42%
September 30, 2016 50.67%
June 30, 2016 51.03%
March 31, 2016 51.82%
December 31, 2015 51.03%
September 30, 2015 50.94%
June 30, 2015 52.49%
March 31, 2015 52.87%
December 31, 2014 84.45%
September 30, 2014 47.37%
June 30, 2014 47.46%
March 31, 2014 46.91%
December 31, 2013 49.71%
September 30, 2013 44.15%
June 30, 2013 47.83%
March 31, 2013 44.64%
December 31, 2012 44.33%
September 30, 2012 44.31%
June 30, 2012 44.04%
March 31, 2012 43.31%

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

46.51%
Minimum
Dec 2022
55.16%
Maximum
Dec 2021
50.08%
Average
49.84%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics