Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.41%
March 31, 2024 29.52%
December 31, 2023 30.08%
September 30, 2023 33.09%
June 30, 2023 31.63%
March 31, 2023 26.56%
December 31, 2022 24.55%
September 30, 2022 28.18%
June 30, 2022 35.29%
March 31, 2022 39.05%
December 31, 2021 42.45%
September 30, 2021 37.44%
June 30, 2021 41.10%
March 31, 2021 42.08%
December 31, 2020 44.68%
September 30, 2020 45.56%
June 30, 2020 37.81%
March 31, 2020 34.73%
December 31, 2019 31.08%
September 30, 2019 29.46%
June 30, 2019 25.11%
March 31, 2019 28.81%
December 31, 2018 17.17%
September 30, 2018 28.42%
June 30, 2018 31.31%
Date Value
March 31, 2018 35.64%
December 31, 2017 36.67%
September 30, 2017 36.28%
June 30, 2017 40.88%
March 31, 2017 32.66%
December 31, 2016 37.30%
September 30, 2016 43.80%
June 30, 2016 33.60%
March 31, 2016 31.40%
December 31, 2015 21.00%
September 30, 2015 24.75%
June 30, 2015 24.29%
March 31, 2015 23.92%
December 31, 2014 28.33%
September 30, 2014 35.94%
June 30, 2014 33.65%
March 31, 2014 35.06%
December 31, 2013 35.45%
September 30, 2013 40.10%
June 30, 2013 42.77%
March 31, 2013 46.75%
December 31, 2012 49.75%
September 30, 2012 49.01%
June 30, 2012 46.70%
March 31, 2012 51.89%

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

24.55%
Minimum
Dec 2022
45.56%
Maximum
Sep 2020
35.38%
Average
35.29%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks