Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 56.28%
June 30, 2024 55.55%
March 31, 2024 56.40%
December 31, 2023 55.75%
September 30, 2023 55.78%
June 30, 2023 54.87%
March 31, 2023 55.05%
December 31, 2022 55.68%
September 30, 2022 54.45%
June 30, 2022 55.19%
March 31, 2022 53.95%
December 31, 2021 55.09%
September 30, 2021 55.38%
June 30, 2021 55.72%
March 31, 2021 54.35%
December 31, 2020 53.93%
September 30, 2020 52.42%
June 30, 2020 49.09%
March 31, 2020 52.90%
December 31, 2019 55.47%
September 30, 2019 54.77%
June 30, 2019 53.98%
March 31, 2019 52.80%
December 31, 2018 44.29%
September 30, 2018 56.19%
Date Value
June 30, 2018 56.53%
March 31, 2018 56.41%
December 31, 2017 55.58%
September 30, 2017 55.21%
June 30, 2017 54.91%
March 31, 2017 52.38%
December 31, 2016 53.13%
September 30, 2016 53.02%
June 30, 2016 54.14%
March 31, 2016 52.99%
December 31, 2015 53.73%
September 30, 2015 51.43%
June 30, 2015 51.60%
March 31, 2015 51.84%
December 31, 2014 50.63%
September 30, 2014 51.66%
June 30, 2014 52.14%
March 31, 2014 50.43%
December 31, 2013 49.93%
September 30, 2013 49.30%
June 30, 2013 49.87%
March 31, 2013 48.68%
December 31, 2012 47.53%
September 30, 2012 49.06%
June 30, 2012 48.10%

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

49.09%
Minimum
Jun 2020
56.40%
Maximum
Mar 2024
54.66%
Average
55.14%
Median

Gross Profit Margin (Quarterly) Benchmarks