Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 57.83%
June 30, 2024 53.17%
March 31, 2024 53.07%
December 31, 2023 53.04%
September 30, 2023 54.26%
June 30, 2023 54.11%
March 31, 2023 56.33%
December 31, 2022 62.22%
September 30, 2022 60.43%
June 30, 2022 59.06%
March 31, 2022 55.63%
December 31, 2021 52.66%
September 30, 2021 51.30%
June 30, 2021 50.03%
March 31, 2021 52.38%
December 31, 2020 53.99%
September 30, 2020 53.44%
June 30, 2020 53.00%
March 31, 2020 51.76%
December 31, 2019 50.18%
September 30, 2019 47.58%
June 30, 2019 43.03%
March 31, 2019 41.31%
December 31, 2018 47.66%
September 30, 2018 47.39%
Date Value
June 30, 2018 47.82%
March 31, 2018 50.35%
December 31, 2017 49.98%
September 30, 2017 49.93%
June 30, 2017 50.84%
March 31, 2017 51.94%
December 31, 2016 52.29%
September 30, 2016 50.71%
June 30, 2016 51.55%
March 31, 2016 44.89%
December 31, 2015 48.60%
September 30, 2015 48.15%
June 30, 2015 48.53%
March 31, 2015 49.29%
December 31, 2014 49.68%
September 30, 2014 50.50%
June 30, 2014 49.83%
March 31, 2014 47.49%
December 31, 2013 44.76%
September 30, 2013 48.54%
June 30, 2013 49.02%
March 31, 2013 45.77%
December 31, 2012 47.20%
September 30, 2012 48.88%
June 30, 2012 48.76%

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

50.03%
Minimum
Jun 2021
62.22%
Maximum
Dec 2022
54.40%
Average
53.31%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics