Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 50.84%
June 30, 2024 49.62%
March 31, 2024 53.49%
December 31, 2023 52.02%
September 30, 2023 50.75%
June 30, 2023 49.70%
March 31, 2023 48.16%
December 31, 2022 47.94%
September 30, 2022 48.90%
June 30, 2022 50.01%
March 31, 2022 51.34%
December 31, 2021 47.81%
September 30, 2021 49.38%
June 30, 2021 48.90%
March 31, 2021 49.48%
December 31, 2020 49.69%
September 30, 2020 46.37%
June 30, 2020 45.67%
March 31, 2020 45.68%
December 31, 2019 15.77%
Date Value
September 30, 2019 44.23%
June 30, 2019 44.12%
March 31, 2019 44.16%
December 31, 2018 41.09%
September 30, 2018 43.44%
June 30, 2018 44.14%
March 31, 2018 43.02%
December 31, 2017 43.86%
September 30, 2017 44.95%
June 30, 2017 44.41%
March 31, 2017 41.43%
December 31, 2016 49.06%
September 30, 2016 48.31%
June 30, 2016 48.22%
March 31, 2016 49.43%
December 31, 2015 50.64%
September 30, 2015 49.31%
June 30, 2015 47.11%
March 31, 2015 48.26%
December 31, 2014 48.57%

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

15.77%
Minimum
Dec 2019
53.49%
Maximum
Mar 2024
47.58%
Average
49.43%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics