Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 59.60%
June 30, 2024 57.85%
March 31, 2024 57.22%
December 31, 2023 59.63%
September 30, 2023 62.11%
June 30, 2023 64.22%
March 31, 2023 65.38%
December 31, 2022 66.10%
September 30, 2022 69.01%
June 30, 2022 69.55%
March 31, 2022 70.17%
December 31, 2021 69.33%
September 30, 2021 67.89%
June 30, 2021 67.18%
March 31, 2021 65.21%
December 31, 2020 64.92%
September 30, 2020 64.27%
June 30, 2020 64.28%
March 31, 2020 62.72%
December 31, 2019 62.60%
September 30, 2019 64.86%
June 30, 2019 64.34%
March 31, 2019 62.91%
December 31, 2018 64.76%
September 30, 2018 65.81%
Date Value
June 30, 2018 65.20%
March 31, 2018 64.58%
December 31, 2017 65.07%
September 30, 2017 64.53%
June 30, 2017 64.28%
March 31, 2017 63.02%
December 31, 2016 62.60%
September 30, 2016 62.15%
June 30, 2016 61.32%
March 31, 2016 60.80%
December 31, 2015 58.98%
September 30, 2015 58.24%
June 30, 2015 58.20%
March 31, 2015 57.65%
December 31, 2014 57.97%
September 30, 2014 58.38%
June 30, 2014 57.14%
March 31, 2014 53.87%
December 31, 2013 54.16%
September 30, 2013 54.84%
June 30, 2013 51.53%
March 31, 2013 47.63%
December 31, 2012 48.54%
September 30, 2012 51.33%
June 30, 2012 49.51%

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

57.22%
Minimum
Mar 2024
70.17%
Maximum
Mar 2022
64.46%
Average
64.60%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics