Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 60.38%
June 30, 2024 59.32%
March 31, 2024 58.20%
December 31, 2023 57.52%
September 30, 2023 56.33%
June 30, 2023 56.20%
March 31, 2023 54.65%
December 31, 2022 57.01%
September 30, 2022 54.46%
June 30, 2022 52.87%
March 31, 2022 50.00%
December 31, 2021 49.80%
September 30, 2021 49.24%
June 30, 2021 47.72%
March 31, 2021 45.79%
December 31, 2020 47.27%
September 30, 2020 45.55%
June 30, 2020 42.70%
Date Value
March 31, 2020 47.80%
December 31, 2019 74.13%
September 30, 2019 51.37%
June 30, 2019 50.16%
March 31, 2019 48.05%
December 31, 2018 47.44%
September 30, 2018 47.63%
June 30, 2018 46.00%
March 31, 2018 44.69%
December 31, 2017 46.69%
September 30, 2017 48.56%
June 30, 2017 47.09%
March 31, 2017 46.73%
December 31, 2016 46.46%
September 30, 2016 46.30%
June 30, 2016 45.53%
March 31, 2016 45.58%

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

42.70%
Minimum
Jun 2020
74.13%
Maximum
Dec 2019
53.35%
Average
53.66%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics