Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.07%
March 31, 2024 35.19%
December 31, 2023 36.44%
September 30, 2023 37.22%
June 30, 2023 33.11%
March 31, 2023 29.01%
December 31, 2022 30.85%
September 30, 2022 27.04%
June 30, 2022 22.69%
March 31, 2022 25.20%
December 31, 2021 19.48%
September 30, 2021 25.99%
June 30, 2021 29.27%
March 31, 2021 28.64%
December 31, 2020 29.07%
September 30, 2020 30.31%
June 30, 2020 30.36%
March 31, 2020 31.24%
December 31, 2019 29.68%
September 30, 2019 24.15%
June 30, 2019 25.29%
March 31, 2019 22.34%
December 31, 2018 24.74%
September 30, 2018 29.01%
June 30, 2018 25.17%
Date Value
March 31, 2018 15.53%
December 31, 2017 30.08%
September 30, 2017 31.37%
June 30, 2017 31.26%
March 31, 2017 29.03%
December 31, 2016 28.92%
September 30, 2016 31.65%
June 30, 2016 32.00%
March 31, 2016 30.12%
December 31, 2015 30.42%
September 30, 2015 31.99%
June 30, 2015 30.04%
March 31, 2015 28.39%
December 31, 2014 29.73%
September 30, 2014 32.40%
June 30, 2014 30.20%
March 31, 2014 28.61%
December 31, 2013 27.51%
September 30, 2013 29.68%
June 30, 2013 30.33%
March 31, 2013 22.91%
December 31, 2012 24.01%
September 30, 2012 22.32%
June 30, 2012 25.32%
March 31, 2012 20.81%

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

19.48%
Minimum
Dec 2021
37.22%
Maximum
Sep 2023
29.83%
Average
29.68%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics