Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.10%
March 31, 2024 18.66%
December 31, 2023 35.74%
September 30, 2023 32.25%
June 30, 2023 18.98%
March 31, 2023 17.43%
December 31, 2022 10.11%
September 30, 2022 17.20%
June 30, 2022 16.50%
March 31, 2022 17.28%
December 31, 2021 14.88%
September 30, 2021 15.25%
June 30, 2021 19.89%
March 31, 2021 21.57%
December 31, 2020 21.55%
September 30, 2020 25.05%
June 30, 2020 21.06%
March 31, 2020 15.66%
December 31, 2019 23.30%
September 30, 2019 25.99%
June 30, 2019 24.28%
March 31, 2019 23.43%
December 31, 2018 18.16%
September 30, 2018 31.10%
Date Value
June 30, 2018 38.56%
March 31, 2018 39.60%
December 31, 2017 40.27%
September 30, 2017 44.30%
June 30, 2017 45.40%
March 31, 2017 43.10%
December 31, 2016 37.97%
September 30, 2016 33.02%
June 30, 2016 31.31%
March 31, 2016 28.27%
December 31, 2015 29.49%
September 30, 2015 31.62%
June 30, 2015 33.71%
March 31, 2015 33.24%
December 31, 2014 33.69%
September 30, 2014 33.23%
June 30, 2014 34.27%
March 31, 2014 34.81%
December 31, 2013 28.11%
September 30, 2013 30.44%
June 30, 2013 27.80%
March 31, 2013 32.02%
December 31, 2012 28.86%
September 30, 2012 28.47%

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

10.11%
Minimum
Dec 2022
35.74%
Maximum
Dec 2023
20.23%
Average
18.98%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics