Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 32.78%
March 31, 2024 36.80%
December 31, 2023 40.30%
September 30, 2023 50.78%
June 30, 2023 45.31%
March 31, 2023 48.37%
December 31, 2022 54.13%
September 30, 2022 64.02%
June 30, 2022 71.45%
March 31, 2022 57.77%
December 31, 2021 58.34%
September 30, 2021 52.47%
June 30, 2021 52.47%
March 31, 2021 51.61%
December 31, 2020 32.31%
September 30, 2020 31.20%
June 30, 2020 -0.40%
March 31, 2020 15.58%
December 31, 2019 35.36%
September 30, 2019 35.57%
June 30, 2019 39.33%
March 31, 2019 39.11%
December 31, 2018 38.82%
September 30, 2018 47.89%
June 30, 2018 35.40%
Date Value
March 31, 2018 45.83%
December 31, 2017 46.00%
September 30, 2017 42.22%
June 30, 2017 40.38%
March 31, 2017 41.24%
December 31, 2016 39.43%
September 30, 2016 33.84%
June 30, 2016 27.39%
March 31, 2016 4.29%
December 31, 2015 -7.93%
September 30, 2015 1.66%
June 30, 2015 6.54%
March 31, 2015 1.90%
December 31, 2014 24.78%
September 30, 2014 48.28%
June 30, 2014 51.65%
March 31, 2014 50.84%
December 31, 2013 52.47%
September 30, 2013 48.10%
June 30, 2013 44.17%
March 31, 2013 39.42%
December 31, 2012 35.80%
September 30, 2012 35.97%
June 30, 2012 40.36%
March 31, 2012 48.95%

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

-0.40%
Minimum
Jun 2020
71.45%
Maximum
Jun 2022
43.72%
Average
48.37%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks