Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.30%
March 31, 2024 53.56%
December 31, 2023 52.14%
September 30, 2023 44.72%
June 30, 2023 44.10%
March 31, 2023 40.03%
December 31, 2022 38.92%
September 30, 2022 39.99%
June 30, 2022 43.24%
March 31, 2022 44.27%
December 31, 2021 46.94%
September 30, 2021 49.09%
June 30, 2021 52.53%
March 31, 2021 53.98%
December 31, 2020 53.49%
September 30, 2020 51.92%
June 30, 2020 46.00%
March 31, 2020 49.43%
December 31, 2019 37.16%
September 30, 2019 44.13%
June 30, 2019 46.90%
March 31, 2019 51.61%
December 31, 2018 44.64%
September 30, 2018 52.96%
Date Value
June 30, 2018 53.04%
March 31, 2018 48.16%
December 31, 2017 48.62%
September 30, 2017 35.70%
June 30, 2017 37.27%
March 31, 2017 35.54%
December 31, 2016 48.49%
September 30, 2016 48.22%
June 30, 2016 50.87%
March 31, 2016 46.73%
December 31, 2015 48.99%
September 30, 2015 52.86%
June 30, 2015 53.89%
March 31, 2015 59.86%
December 31, 2014 61.72%
September 30, 2014 59.76%
June 30, 2014 55.61%
March 31, 2014 56.01%
December 31, 2013 -6.54%
September 30, 2013 51.26%
June 30, 2013 52.05%
March 31, 2013 48.14%
March 31, 2011 61.38%
March 31, 2010 68.99%

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

37.16%
Minimum
Dec 2019
53.98%
Maximum
Mar 2021
46.99%
Average
46.94%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks