Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 72.18%
March 31, 2024 76.00%
December 31, 2023 74.68%
September 30, 2023 64.41%
June 30, 2023 65.44%
March 31, 2023 61.54%
December 31, 2022 44.65%
September 30, 2022 57.83%
June 30, 2022 44.69%
March 31, 2022 38.12%
December 31, 2021 46.53%
September 30, 2021 34.67%
June 30, 2021 42.86%
March 31, 2021 37.04%
December 31, 2020 40.32%
September 30, 2020 52.67%
June 30, 2020 22.73%
March 31, 2020 53.18%
December 31, 2019 48.01%
September 30, 2019 44.63%
June 30, 2019 44.78%
March 31, 2019 54.91%
Date Value
December 31, 2018 57.34%
September 30, 2018 51.30%
June 30, 2018 47.74%
March 31, 2018 54.65%
December 31, 2017 50.04%
September 30, 2017 54.69%
June 30, 2017 52.29%
March 31, 2017 55.11%
December 31, 2016 8.93%
September 30, 2016 6.02%
June 30, 2016 5.27%
March 31, 2016 4.41%
December 31, 2015 4.20%
September 30, 2015 5.64%
June 30, 2015 4.73%
March 31, 2015 4.08%
December 31, 2014 6.63%
September 30, 2014 6.12%
June 30, 2014 5.87%
March 31, 2014 7.32%
September 30, 2013 6.47%
June 30, 2013 7.87%

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

22.73%
Minimum
Jun 2020
76.00%
Maximum
Mar 2024
51.45%
Average
48.01%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics