Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 47.54%
March 31, 2024 44.99%
December 31, 2023 45.16%
September 30, 2023 48.00%
June 30, 2023 46.43%
March 31, 2023 43.00%
December 31, 2022 44.15%
September 30, 2022 45.35%
June 30, 2022 46.71%
March 31, 2022 46.52%
December 31, 2021 50.74%
September 30, 2021 50.99%
June 30, 2021 49.49%
March 31, 2021 50.00%
December 31, 2020 49.41%
September 30, 2020 47.89%
June 30, 2020 49.34%
March 31, 2020 46.33%
December 31, 2019 47.29%
September 30, 2019 48.26%
June 30, 2019 46.51%
March 31, 2019 45.22%
December 31, 2018 44.98%
September 30, 2018 46.10%
June 30, 2018 44.82%
Date Value
March 31, 2018 44.16%
December 31, 2017 43.35%
September 30, 2017 46.04%
June 30, 2017 45.93%
March 31, 2017 45.36%
December 31, 2016 45.06%
September 30, 2016 47.47%
June 30, 2016 47.73%
March 31, 2016 45.88%
December 31, 2015 47.98%
September 30, 2015 48.76%
June 30, 2015 48.37%
March 31, 2015 46.92%
December 31, 2014 49.85%
September 30, 2014 49.61%
June 30, 2014 49.20%
March 31, 2014 46.87%
December 31, 2013 51.31%
September 30, 2013 48.42%
June 30, 2013 48.32%
March 31, 2013 45.92%
December 31, 2012 50.26%
September 30, 2012 48.75%
June 30, 2012 45.87%
March 31, 2012 45.58%

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

43.00%
Minimum
Mar 2023
50.99%
Maximum
Sep 2021
47.33%
Average
47.29%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics