Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 65.72%
December 31, 2023 61.92%
September 30, 2023 61.65%
June 30, 2023 60.84%
March 31, 2023 61.26%
December 31, 2022 58.74%
September 30, 2022 58.24%
June 30, 2022 57.11%
March 31, 2022 55.31%
December 31, 2021 55.24%
September 30, 2021 55.97%
June 30, 2021 55.59%
March 31, 2021 55.65%
December 31, 2020 56.47%
September 30, 2020 55.51%
June 30, 2020 55.30%
March 31, 2020 55.66%
December 31, 2019 55.83%
September 30, 2019 53.83%
June 30, 2019 53.88%
March 31, 2019 54.68%
December 31, 2018 55.40%
September 30, 2018 53.68%
June 30, 2018 53.81%
March 31, 2018 53.38%
Date Value
December 31, 2017 51.37%
September 30, 2017 51.94%
June 30, 2017 51.92%
March 31, 2017 53.11%
December 31, 2016 52.84%
September 30, 2016 52.90%
June 30, 2016 51.77%
March 31, 2016 51.56%
December 31, 2015 52.37%
September 30, 2015 53.00%
June 30, 2015 51.88%
March 31, 2015 52.73%
December 31, 2014 51.88%
September 30, 2014 54.17%
June 30, 2014 55.22%
March 31, 2014 54.06%
December 31, 2013 53.31%
September 30, 2013 53.02%
June 30, 2013 52.47%
March 31, 2013 51.59%
December 31, 2012 49.75%
September 30, 2012 52.08%
June 30, 2012 51.72%
March 31, 2012 51.60%
December 31, 2011 50.04%

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

55.24%
Minimum
Dec 2021
65.72%
Maximum
Sep 2024
57.89%
Average
56.22%
Median

Gross Profit Margin (Quarterly) Benchmarks