Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 54.29%
March 31, 2024 67.42%
December 31, 2023 61.43%
September 30, 2023 67.16%
June 30, 2023 53.80%
March 31, 2023 62.02%
December 31, 2022 48.76%
September 30, 2022 50.43%
June 30, 2022 33.28%
March 31, 2022 34.10%
December 31, 2021 31.57%
September 30, 2021 38.71%
June 30, 2021 45.92%
March 31, 2021 49.82%
December 31, 2020 45.50%
September 30, 2020 42.39%
June 30, 2020 46.35%
March 31, 2020 47.41%
December 31, 2019 43.45%
September 30, 2019 48.64%
June 30, 2019 68.83%
March 31, 2019 73.08%
December 31, 2018 67.24%
September 30, 2018 64.91%
June 30, 2018 69.09%
Date Value
March 31, 2018 68.77%
December 31, 2017 72.61%
September 30, 2017 66.14%
June 30, 2017 69.78%
March 31, 2017 69.47%
December 31, 2016 63.40%
September 30, 2016 61.83%
June 30, 2016 51.67%
March 31, 2016 58.81%
December 31, 2015 56.49%
September 30, 2015 59.96%
June 30, 2015 47.80%
March 31, 2015 54.65%
December 31, 2014 52.39%
September 30, 2014 53.99%
June 30, 2014 48.81%
March 31, 2014 53.21%
December 31, 2013 62.23%
September 30, 2013 67.76%
June 30, 2013 56.80%
March 31, 2013 66.77%
December 31, 2012 67.47%
September 30, 2012 75.76%
June 30, 2012 58.58%
March 31, 2012 50.41%

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

31.57%
Minimum
Dec 2021
67.42%
Maximum
Mar 2024
48.62%
Average
47.41%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics