Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.31%
March 31, 2024 47.07%
December 31, 2023 47.10%
September 30, 2023 45.30%
June 30, 2023 42.34%
March 31, 2023 46.94%
December 31, 2022 48.83%
September 30, 2022 48.56%
June 30, 2022 47.29%
March 31, 2022 51.80%
December 31, 2021 54.41%
September 30, 2021 54.07%
June 30, 2021 49.58%
March 31, 2021 47.91%
December 31, 2020 48.33%
September 30, 2020 50.65%
June 30, 2020 40.39%
March 31, 2020 48.13%
December 31, 2019 50.85%
September 30, 2019 49.90%
June 30, 2019 45.81%
March 31, 2019 43.95%
December 31, 2018 44.93%
September 30, 2018 40.25%
June 30, 2018 40.26%
Date Value
March 31, 2018 43.20%
December 31, 2017 45.68%
September 30, 2017 44.77%
June 30, 2017 42.14%
March 31, 2017 45.65%
December 31, 2016 43.98%
September 30, 2016 44.86%
June 30, 2016 42.81%
March 31, 2016 43.57%
December 31, 2015 44.69%
September 30, 2015 44.01%
June 30, 2015 43.96%
March 31, 2015 47.23%
December 31, 2014 50.01%
September 30, 2014 48.13%
June 30, 2014 46.61%
March 31, 2014 46.39%
December 31, 2013 47.37%
September 30, 2013 47.57%
June 30, 2013 45.97%
March 31, 2013 46.93%
December 31, 2012 49.52%
September 30, 2012 46.52%
June 30, 2012 47.17%
March 31, 2012 49.72%

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

40.39%
Minimum
Jun 2020
54.41%
Maximum
Dec 2021
48.20%
Average
48.13%
Median
Mar 2020