Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 51.93%
March 31, 2024 53.10%
December 31, 2023 51.58%
September 30, 2023 52.27%
June 30, 2023 53.50%
March 31, 2023 53.07%
December 31, 2022 52.59%
September 30, 2022 53.64%
June 30, 2022 56.79%
March 31, 2022 53.77%
December 31, 2021 54.76%
September 30, 2021 54.71%
June 30, 2021 56.03%
March 31, 2021 56.43%
December 31, 2020 52.70%
September 30, 2020 48.92%
June 30, 2020 35.85%
March 31, 2020 53.55%
December 31, 2019 55.19%
September 30, 2019 53.42%
June 30, 2019 53.58%
March 31, 2019 52.81%
December 31, 2018 49.56%
September 30, 2018 51.28%
June 30, 2018 53.05%
Date Value
March 31, 2018 53.77%
December 31, 2017 54.38%
September 30, 2017 55.39%
June 30, 2017 54.82%
March 31, 2017 54.64%
December 31, 2016 54.34%
September 30, 2016 53.83%
June 30, 2016 51.56%
March 31, 2016 54.22%
December 31, 2015 55.83%
September 30, 2015 56.94%
June 30, 2015 57.26%
March 31, 2015 56.89%
December 31, 2014 54.67%
September 30, 2014 54.80%
June 30, 2014 55.47%
March 31, 2014 53.99%
December 31, 2013 52.78%
September 30, 2013 53.47%
June 30, 2013 54.53%
March 31, 2013 53.03%
December 31, 2012 52.05%
September 30, 2012 52.34%
June 30, 2012 53.40%
March 31, 2012 54.82%

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

35.85%
Minimum
Jun 2020
56.79%
Maximum
Jun 2022
52.65%
Average
53.50%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics