Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 32.04%
June 30, 2023 31.66%
March 31, 2023 31.17%
December 31, 2022 31.88%
September 30, 2022 31.26%
June 30, 2022 31.91%
March 31, 2022 30.97%
December 31, 2021 32.40%
September 30, 2021 30.94%
June 30, 2021 31.58%
March 31, 2021 29.81%
December 31, 2020 30.16%
September 30, 2020 29.02%
June 30, 2020 29.80%
March 31, 2020 29.35%
December 31, 2019 29.91%
September 30, 2019 26.73%
June 30, 2019 26.65%
March 31, 2019 26.59%
December 31, 2018 26.30%
September 30, 2018 26.71%
June 30, 2018 27.23%
March 31, 2018 25.52%
December 31, 2017 27.62%
September 30, 2017 26.75%
Date Value
June 30, 2017 27.53%
March 31, 2017 26.89%
December 31, 2016 27.81%
September 30, 2016 26.50%
June 30, 2016 25.46%
March 31, 2016 26.26%
December 31, 2015 26.18%
September 30, 2015 27.89%
June 30, 2015 27.60%
March 31, 2015 26.77%
December 31, 2014 27.41%
September 30, 2014 26.75%
June 30, 2014 26.74%
March 31, 2014 26.04%
December 31, 2013 25.90%
September 30, 2013 25.59%
June 30, 2013 25.26%
March 31, 2013 25.08%
December 31, 2012 27.50%
September 30, 2012 25.62%
June 30, 2012 26.15%
March 31, 2012 25.51%
December 31, 2011 5.06%
September 30, 2011 30.28%
June 30, 2011 29.46%

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

26.59%
Minimum
Mar 2019
32.40%
Maximum
Dec 2021
30.20%
Average
30.94%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks