Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 51.13%
June 30, 2024 45.97%
March 31, 2024 43.98%
December 31, 2023 44.39%
September 30, 2023 49.45%
June 30, 2023 39.15%
March 31, 2023 35.71%
December 31, 2022 33.75%
September 30, 2022 43.85%
June 30, 2022 39.92%
March 31, 2022 35.59%
December 31, 2021 36.01%
September 30, 2021 45.92%
June 30, 2021 38.92%
March 31, 2021 35.70%
December 31, 2020 39.26%
September 30, 2020 48.93%
June 30, 2020 42.88%
March 31, 2020 40.59%
December 31, 2019 39.64%
September 30, 2019 47.03%
June 30, 2019 40.98%
March 31, 2019 36.33%
December 31, 2018 34.55%
September 30, 2018 44.23%
Date Value
June 30, 2018 38.86%
March 31, 2018 36.56%
December 31, 2017 36.39%
September 30, 2017 46.50%
June 30, 2017 39.02%
March 31, 2017 36.22%
December 31, 2016 36.58%
September 30, 2016 43.97%
June 30, 2016 37.94%
March 31, 2016 36.53%
December 31, 2015 34.72%
September 30, 2015 42.96%
June 30, 2015 35.04%
March 31, 2015 31.86%
December 31, 2014 28.64%
September 30, 2014 38.83%
June 30, 2014 31.27%
March 31, 2014 29.42%
December 31, 2013 27.48%
September 30, 2013 37.80%
June 30, 2013 31.36%
March 31, 2013 31.65%
December 31, 2012 28.24%
September 30, 2012 41.44%
June 30, 2012 34.76%

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

33.75%
Minimum
Dec 2022
51.13%
Maximum
Sep 2024
41.54%
Average
40.26%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics