Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 60.78%
March 31, 2024 61.08%
December 31, 2023 60.83%
September 30, 2023 59.13%
June 30, 2023 59.74%
March 31, 2023 63.45%
December 31, 2022 58.19%
September 30, 2022 62.11%
June 30, 2022 60.00%
March 31, 2022 60.69%
December 31, 2021 61.89%
September 30, 2021 59.78%
June 30, 2021 63.14%
March 31, 2021 62.53%
December 31, 2020 57.84%
September 30, 2020 55.95%
June 30, 2020 56.02%
March 31, 2020 51.84%
December 31, 2019 50.20%
September 30, 2019 53.81%
June 30, 2019 49.37%
March 31, 2019 47.86%
December 31, 2018 49.15%
September 30, 2018 50.19%
June 30, 2018 45.96%
Date Value
March 31, 2018 44.07%
December 31, 2017 49.04%
September 30, 2017 47.53%
June 30, 2017 47.17%
March 31, 2017 45.82%
December 31, 2016 50.48%
September 30, 2016 53.26%
June 30, 2016 51.75%
March 31, 2016 49.36%
December 31, 2015 50.76%
September 30, 2015 50.66%
June 30, 2015 52.49%
March 31, 2015 47.59%
December 31, 2014 55.85%
September 30, 2014 52.47%
June 30, 2014 54.88%
March 31, 2014 53.03%
December 31, 2013 56.05%
September 30, 2013 53.75%
June 30, 2013 56.57%
March 31, 2013 51.96%
December 31, 2012 55.41%
September 30, 2012 55.80%
June 30, 2012 57.44%
March 31, 2012 55.14%

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

50.20%
Minimum
Dec 2019
63.45%
Maximum
Mar 2023
59.22%
Average
60.00%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics