Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.59%
March 31, 2024 47.05%
December 31, 2023 49.66%
September 30, 2023 46.72%
June 30, 2023 45.65%
March 31, 2023 48.46%
December 31, 2022 48.86%
September 30, 2022 46.63%
June 30, 2022 46.51%
March 31, 2022 49.35%
December 31, 2021 49.32%
September 30, 2021 45.35%
June 30, 2021 49.18%
March 31, 2021 50.16%
December 31, 2020 48.61%
September 30, 2020 46.18%
June 30, 2020 47.82%
March 31, 2020 50.05%
December 31, 2019 47.05%
September 30, 2019 43.15%
June 30, 2019 45.46%
March 31, 2019 48.72%
December 31, 2018 47.96%
September 30, 2018 43.89%
June 30, 2018 44.57%
Date Value
March 31, 2018 49.32%
December 31, 2017 45.55%
September 30, 2017 45.37%
June 30, 2017 43.40%
March 31, 2017 49.70%
December 31, 2016 45.91%
September 30, 2016 48.16%
June 30, 2016 44.76%
March 31, 2016 49.80%
December 31, 2015 47.11%
September 30, 2015 50.00%
June 30, 2015 47.46%
March 31, 2015 53.03%
December 31, 2014 46.32%
September 30, 2014 49.03%
June 30, 2014 47.08%
March 31, 2014 51.15%
December 31, 2013 45.89%
September 30, 2013 49.08%
June 30, 2013 44.34%
March 31, 2013 51.56%
December 31, 2012 46.94%
September 30, 2012 50.21%
June 30, 2012 45.78%
March 31, 2012 48.96%

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

45.35%
Minimum
Sep 2021
50.16%
Maximum
Mar 2021
47.85%
Average
47.82%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics