Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.36%
March 31, 2024 50.34%
December 31, 2023 47.97%
September 30, 2023 45.71%
June 30, 2023 47.31%
March 31, 2023 53.64%
December 31, 2022 45.90%
September 30, 2022 44.12%
June 30, 2022 45.53%
March 31, 2022 49.71%
December 31, 2021 49.39%
September 30, 2021 45.37%
June 30, 2021 49.97%
March 31, 2021 54.72%
December 31, 2020 48.41%
September 30, 2020 48.39%
June 30, 2020 49.24%
March 31, 2020 54.65%
December 31, 2019 47.32%
September 30, 2019 49.19%
June 30, 2019 51.30%
March 31, 2019 48.70%
December 31, 2018 50.28%
September 30, 2018 44.04%
June 30, 2018 46.29%
Date Value
March 31, 2018 41.41%
December 31, 2017 41.08%
September 30, 2017 35.65%
June 30, 2017 35.29%
March 31, 2017 39.36%
December 31, 2016 37.91%
September 30, 2016 31.53%
June 30, 2016 42.82%
March 31, 2016 34.52%
December 31, 2015 33.99%
September 30, 2015 35.94%
June 30, 2015 37.93%
March 31, 2015 34.97%
December 31, 2014 37.31%
September 30, 2014 40.23%
June 30, 2014 36.84%
March 31, 2014 33.98%
December 31, 2013 36.11%
September 30, 2013 40.34%
June 30, 2013 35.94%
March 31, 2013 38.54%
December 31, 2012 34.66%
September 30, 2012 38.57%
June 30, 2012 36.06%
March 31, 2012 40.93%

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

44.12%
Minimum
Sep 2022
54.72%
Maximum
Mar 2021
48.58%
Average
48.39%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks