Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 57.18%
March 31, 2024 47.46%
December 31, 2023 48.30%
September 30, 2023 53.72%
June 30, 2023 46.94%
March 31, 2023 49.85%
December 31, 2022 51.60%
September 30, 2022 52.11%
June 30, 2022 46.44%
March 31, 2022 43.21%
December 31, 2021 41.93%
September 30, 2021 46.04%
June 30, 2021 47.70%
March 31, 2021 49.20%
December 31, 2020 56.88%
September 30, 2020 58.64%
June 30, 2020 55.45%
March 31, 2020 36.65%
December 31, 2019 25.77%
September 30, 2019 25.98%
June 30, 2019 20.40%
March 31, 2019 37.15%
December 31, 2018 27.36%
September 30, 2018 26.10%
June 30, 2018 12.65%
Date Value
March 31, 2018 33.86%
December 31, 2017 29.54%
September 30, 2017 26.62%
June 30, 2017 -2.13%
March 31, 2017 25.55%
December 31, 2016
September 30, 2016 -292.4%
June 30, 2016 -222.7%
March 31, 2016 6.40%
December 31, 2015 56.30%
September 30, 2015 23.44%
June 30, 2015 6.53%
March 31, 2015 28.05%
December 31, 2014 29.69%
September 30, 2014 30.98%
June 30, 2014 23.50%
March 31, 2014 32.98%
December 31, 2013 26.05%
September 30, 2013 26.50%
June 30, 2013 17.53%
March 31, 2013 32.17%
December 31, 2012 25.86%
September 30, 2012 14.19%
June 30, 2012 15.86%
March 31, 2012 20.40%

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

25.77%
Minimum
Dec 2019
58.64%
Maximum
Sep 2020
48.16%
Average
48.30%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks