Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 44.24%
March 31, 2024 43.38%
December 31, 2023 47.34%
September 30, 2023 42.66%
June 30, 2023 44.86%
March 31, 2023 43.92%
December 31, 2022 47.02%
September 30, 2022 47.29%
June 30, 2022 48.72%
March 31, 2022 52.86%
December 31, 2021 51.29%
September 30, 2021 50.35%
June 30, 2021 49.12%
March 31, 2021 56.32%
December 31, 2020 54.35%
September 30, 2020 52.90%
June 30, 2020 56.89%
March 31, 2020 60.55%
December 31, 2019 53.79%
September 30, 2019 54.45%
June 30, 2019 55.98%
March 31, 2019 59.84%
December 31, 2018 56.26%
September 30, 2018 55.48%
June 30, 2018 58.60%
Date Value
March 31, 2018 61.04%
December 31, 2017 54.89%
September 30, 2017 54.92%
June 30, 2017 60.36%
March 31, 2017 63.05%
December 31, 2016 57.64%
September 30, 2016 56.80%
June 30, 2016 60.62%
March 31, 2016 61.06%
December 31, 2015 57.39%
September 30, 2015 57.10%
June 30, 2015 57.46%
March 31, 2015 62.07%
December 31, 2014 54.36%
September 30, 2014 54.61%
June 30, 2014 57.00%
March 31, 2014 58.19%
December 31, 2013 55.50%
September 30, 2013 56.63%
June 30, 2013 57.92%
March 31, 2013 57.72%
December 31, 2012 53.76%
September 30, 2012 53.57%
June 30, 2012 62.49%
March 31, 2012 65.67%

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

42.66%
Minimum
Sep 2023
60.55%
Maximum
Mar 2020
49.89%
Average
49.12%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics