Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 70.47%
June 30, 2024 71.49%
March 31, 2024 72.88%
December 31, 2023 72.23%
September 30, 2023 70.43%
June 30, 2023 71.89%
March 31, 2023 72.65%
December 31, 2022 71.49%
September 30, 2022 70.76%
June 30, 2022 71.32%
March 31, 2022 69.94%
December 31, 2021 69.81%
September 30, 2021 70.84%
June 30, 2021 71.86%
March 31, 2021 72.76%
December 31, 2020 71.11%
September 30, 2020 70.49%
June 30, 2020 65.38%
March 31, 2020 72.69%
December 31, 2019 72.61%
September 30, 2019 71.69%
June 30, 2019 70.77%
March 31, 2019 71.99%
December 31, 2018 71.83%
September 30, 2018 71.20%
Date Value
June 30, 2018 70.93%
March 31, 2018 71.46%
December 31, 2017 71.41%
September 30, 2017 72.37%
June 30, 2017 72.93%
March 31, 2017 74.00%
December 31, 2016 68.87%
September 30, 2016 73.85%
June 30, 2016 66.90%
March 31, 2016 66.36%
December 31, 2015 65.39%
September 30, 2015 68.67%
June 30, 2015 74.79%
March 31, 2015 74.89%
December 31, 2014 74.34%
September 30, 2014 73.25%
June 30, 2014 71.97%
March 31, 2014 73.85%
December 31, 2013 74.10%
September 30, 2013 69.39%
June 30, 2013 72.33%
March 31, 2013 74.28%
December 31, 2012 74.68%
September 30, 2012 75.07%
June 30, 2012 74.94%

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

65.38%
Minimum
Jun 2020
72.88%
Maximum
Mar 2024
71.16%
Average
71.41%
Median

Gross Profit Margin (Quarterly) Benchmarks