Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.10%
March 31, 2024 31.95%
December 31, 2023 34.80%
September 30, 2023 27.26%
June 30, 2023 28.27%
March 31, 2023 27.11%
December 31, 2022 29.98%
September 30, 2022 30.24%
June 30, 2022 36.33%
March 31, 2022 35.15%
December 31, 2021 35.31%
September 30, 2021 34.53%
June 30, 2021 43.75%
March 31, 2021 42.03%
December 31, 2020 41.13%
September 30, 2020 44.28%
June 30, 2020 41.54%
March 31, 2020 45.06%
December 31, 2019 40.77%
September 30, 2019 40.61%
June 30, 2019 41.57%
March 31, 2019 42.15%
December 31, 2018 39.54%
September 30, 2018 41.65%
June 30, 2018 39.04%
Date Value
March 31, 2018 32.89%
December 31, 2017 46.37%
September 30, 2017 46.72%
June 30, 2017 45.82%
March 31, 2017 43.29%
December 31, 2016 43.42%
September 30, 2016 44.89%
June 30, 2016 48.53%
March 31, 2016 46.27%
December 31, 2015 44.92%
September 30, 2015 44.69%
June 30, 2015 42.62%
March 31, 2015 45.90%
December 31, 2014 47.56%
September 30, 2014 48.04%
June 30, 2014 49.28%
March 31, 2014 52.92%
December 31, 2013 48.31%
September 30, 2013 46.53%
June 30, 2013 49.19%
March 31, 2013 48.72%
December 31, 2012 48.21%
September 30, 2012 49.33%
June 30, 2012 51.74%
March 31, 2012 54.99%

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

27.11%
Minimum
Mar 2023
45.06%
Maximum
Mar 2020
36.08%
Average
35.31%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics