Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 58.01%
March 31, 2024 61.06%
December 31, 2023 64.91%
September 30, 2023 59.52%
June 30, 2023 60.53%
March 31, 2023 63.88%
December 31, 2022 58.60%
September 30, 2022 49.72%
June 30, 2022 43.65%
March 31, 2022 47.27%
December 31, 2021 46.36%
September 30, 2021 37.05%
June 30, 2021 48.40%
March 31, 2021 46.75%
December 31, 2020 54.45%
September 30, 2020 57.22%
June 30, 2020 59.80%
March 31, 2020 56.19%
December 31, 2019 53.49%
September 30, 2019 55.58%
June 30, 2019 54.39%
March 31, 2019 52.24%
December 31, 2018 47.87%
September 30, 2018 45.94%
June 30, 2018 47.58%
Date Value
March 31, 2018 48.32%
December 31, 2017 50.27%
September 30, 2017 50.45%
June 30, 2017 49.58%
March 31, 2017 48.64%
December 31, 2016 55.32%
September 30, 2016 52.97%
June 30, 2016 51.21%
March 31, 2016 54.04%
December 31, 2015 57.73%
September 30, 2015 52.31%
June 30, 2015 49.86%
March 31, 2015 48.19%
December 31, 2014 48.86%
September 30, 2014 43.16%
June 30, 2014 44.10%
March 31, 2014 43.80%
December 31, 2013 43.67%
September 30, 2013 43.50%
June 30, 2013 43.46%
March 31, 2013 45.25%
December 31, 2012 42.27%
September 30, 2012 44.81%
June 30, 2012 41.44%
March 31, 2012 44.28%

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

37.05%
Minimum
Sep 2021
64.91%
Maximum
Dec 2023
54.04%
Average
56.19%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics