Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 62.46%
March 31, 2024 61.54%
December 31, 2023 66.03%
September 30, 2023 66.83%
June 30, 2023 67.31%
March 31, 2023 68.44%
December 31, 2022 73.06%
September 30, 2022 74.46%
June 30, 2022 74.07%
March 31, 2022 72.73%
December 31, 2021 74.27%
September 30, 2021 74.81%
June 30, 2021 71.92%
March 31, 2021 69.92%
December 31, 2020 75.62%
September 30, 2020 74.58%
June 30, 2020 74.75%
March 31, 2020 74.05%
December 31, 2019 75.35%
September 30, 2019 76.20%
June 30, 2019 76.81%
March 31, 2019 76.60%
December 31, 2018 75.91%
September 30, 2018 75.78%
June 30, 2018 77.36%
Date Value
March 31, 2018 75.37%
December 31, 2017 75.70%
September 30, 2017 75.19%
June 30, 2017 73.43%
March 31, 2017 70.58%
December 31, 2016 70.72%
September 30, 2016 70.44%
June 30, 2016 73.94%
March 31, 2016 71.26%
December 31, 2015 73.44%
September 30, 2015 74.10%
June 30, 2015 74.47%
March 31, 2015 70.48%
December 31, 2014 75.44%
September 30, 2014 74.45%
June 30, 2014 72.74%
March 31, 2014 71.11%
December 31, 2013 72.33%
September 30, 2013 69.54%
June 30, 2013 68.72%
March 31, 2013 66.22%
December 31, 2012 73.55%
September 30, 2012 70.68%
June 30, 2012 73.06%
March 31, 2012 71.30%

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

61.54%
Minimum
Mar 2024
75.62%
Maximum
Dec 2020
71.17%
Average
73.06%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics