Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 75.79%
March 31, 2024 74.31%
December 31, 2023 73.49%
September 30, 2023 74.44%
June 30, 2023 72.72%
March 31, 2023 72.83%
December 31, 2022 73.06%
September 30, 2022 73.42%
June 30, 2022 72.70%
March 31, 2022 73.72%
December 31, 2021 72.43%
September 30, 2021 71.37%
June 30, 2021 71.43%
March 31, 2021 72.27%
December 31, 2020 76.04%
September 30, 2020 72.12%
June 30, 2020 69.38%
March 31, 2020 71.97%
December 31, 2019 73.11%
September 30, 2019 72.47%
June 30, 2019 71.82%
March 31, 2019 71.79%
December 31, 2018 71.73%
September 30, 2018 71.62%
June 30, 2018 71.00%
Date Value
March 31, 2018 72.66%
December 31, 2017 68.70%
September 30, 2017 70.58%
June 30, 2017 70.43%
March 31, 2017 71.21%
December 31, 2016 70.24%
September 30, 2016 71.16%
June 30, 2016 70.97%
March 31, 2016 71.18%
December 31, 2015 71.03%
September 30, 2015 73.69%
June 30, 2015 72.87%
March 31, 2015 73.23%
December 31, 2014 71.03%
September 30, 2014 73.19%
June 30, 2014 62.89%
March 31, 2014 63.13%
December 31, 2013 -152.5%
September 30, 2013 76.28%
June 30, 2013 60.96%
March 31, 2013 61.83%
December 31, 2012 57.82%
September 30, 2012 63.55%
June 30, 2012 63.34%
March 31, 2012 63.96%

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

69.38%
Minimum
Jun 2020
76.04%
Maximum
Dec 2020
72.98%
Average
72.83%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks