Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 31.71%
December 31, 2023 30.89%
September 30, 2023 28.31%
June 30, 2023 28.33%
March 31, 2023 27.73%
December 31, 2022 26.09%
September 30, 2022 23.91%
June 30, 2022 23.06%
March 31, 2022 22.43%
December 31, 2021 22.53%
September 30, 2021 21.98%
June 30, 2021 23.72%
March 31, 2021 24.77%
December 31, 2020 29.11%
September 30, 2020 27.20%
Date Value
June 30, 2020 26.60%
March 31, 2020 27.97%
December 31, 2019 28.35%
September 30, 2019 25.89%
June 30, 2019 27.62%
March 31, 2019 25.10%
December 31, 2018 26.14%
September 30, 2018 25.24%
June 30, 2018 24.88%
March 31, 2018 24.87%
December 31, 2017 24.98%
September 30, 2017 23.83%
June 30, 2017 23.70%
March 31, 2017 24.39%
December 31, 2016 25.59%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

21.98%
Minimum
Sep 2021
31.71%
Maximum
Mar 2024
26.41%
Average
26.90%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics