Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 42.37%
June 30, 2024 43.11%
March 31, 2024 44.21%
December 31, 2023 42.00%
September 30, 2023 43.32%
June 30, 2023 43.36%
March 31, 2023 41.04%
December 31, 2022 39.59%
September 30, 2022 38.30%
June 30, 2022 37.87%
March 31, 2022 38.32%
December 31, 2021 36.40%
September 30, 2021 40.15%
June 30, 2021 41.17%
March 31, 2021 43.03%
December 31, 2020 40.95%
September 30, 2020 39.56%
June 30, 2020 41.82%
March 31, 2020 40.78%
December 31, 2019 40.26%
September 30, 2019 40.61%
June 30, 2019 40.31%
March 31, 2019 41.22%
December 31, 2018 39.31%
September 30, 2018 39.00%
Date Value
June 30, 2018 40.11%
March 31, 2018 39.99%
December 31, 2017 39.70%
September 30, 2017 39.94%
June 30, 2017 38.61%
March 31, 2017 41.73%
December 31, 2016 44.16%
September 30, 2016 42.62%
June 30, 2016 43.95%
March 31, 2016 43.09%
December 31, 2015 42.40%
September 30, 2015 43.29%
June 30, 2015 44.12%
March 31, 2015 42.04%
December 31, 2014 43.04%
September 30, 2014 43.01%
June 30, 2014 43.48%
March 31, 2014 41.81%
December 31, 2013 42.93%
September 30, 2013 43.42%
June 30, 2013 43.82%
March 31, 2013 43.14%
December 31, 2012 44.51%
September 30, 2012 43.51%
June 30, 2012 44.59%

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

36.40%
Minimum
Dec 2021
44.21%
Maximum
Mar 2024
40.88%
Average
41.00%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics