Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 64.85%
June 30, 2024 63.74%
March 31, 2024 61.10%
December 31, 2023 60.42%
September 30, 2023 60.79%
June 30, 2023 61.43%
March 31, 2023 61.02%
December 31, 2022 62.27%
September 30, 2022 59.87%
June 30, 2022 59.65%
March 31, 2022 60.98%
December 31, 2021 60.91%
Date Value
September 30, 2021 60.32%
June 30, 2021 64.38%
March 31, 2021 62.40%
December 31, 2020 63.62%
September 30, 2020 49.30%
June 30, 2020 54.26%
March 31, 2020 55.78%
December 31, 2019 64.83%
September 30, 2019 66.72%
June 30, 2019 65.41%
March 31, 2019 65.74%

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

49.30%
Minimum
Sep 2020
64.85%
Maximum
Sep 2024
60.60%
Average
61.00%
Median

Gross Profit Margin (Quarterly) Benchmarks