Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 59.63%
March 31, 2024 60.03%
December 31, 2023 58.24%
September 30, 2023 58.96%
June 30, 2023 59.00%
March 31, 2023 58.35%
December 31, 2022 56.76%
September 30, 2022 58.68%
June 30, 2022 58.37%
March 31, 2022 55.46%
December 31, 2021 55.36%
September 30, 2021 56.68%
June 30, 2021 53.78%
March 31, 2021 49.58%
December 31, 2020 48.83%
September 30, 2020 45.69%
June 30, 2020 48.04%
March 31, 2020 56.69%
December 31, 2019 54.68%
September 30, 2019 57.24%
June 30, 2019 46.88%
March 31, 2019 55.65%
December 31, 2018 56.80%
September 30, 2018 56.87%
June 30, 2018 58.08%
Date Value
March 31, 2018 57.24%
December 31, 2017 56.21%
September 30, 2017 57.50%
June 30, 2017 57.89%
March 31, 2017 56.34%
December 31, 2016 54.58%
September 30, 2016 55.34%
June 30, 2016 55.60%
March 31, 2016 53.42%
December 31, 2015 53.38%
September 30, 2015 52.80%
June 30, 2015 51.99%
March 31, 2015 55.19%
December 31, 2014 54.72%
September 30, 2014 54.28%
June 30, 2014 53.64%
March 31, 2014 52.07%
December 31, 2013 53.68%
September 30, 2013 52.38%
June 30, 2013 55.05%
March 31, 2013 55.69%
December 31, 2012 55.42%
September 30, 2012 55.52%
June 30, 2012 54.87%
March 31, 2012 55.74%

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

45.69%
Minimum
Sep 2020
60.03%
Maximum
Mar 2024
55.41%
Average
56.69%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics