Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 39.81%
March 31, 2024 38.74%
December 31, 2023 32.05%
September 30, 2023 38.62%
June 30, 2023 36.36%
March 31, 2023 25.16%
December 31, 2022 37.94%
September 30, 2022 36.35%
June 30, 2022 36.59%
March 31, 2022 26.39%
December 31, 2021 32.87%
September 30, 2021 40.31%
June 30, 2021 37.95%
March 31, 2021 32.64%
December 31, 2020 35.01%
September 30, 2020 39.79%
June 30, 2020 40.76%
March 31, 2020 39.78%
December 31, 2019 38.93%
September 30, 2019 42.97%
June 30, 2019 42.59%
March 31, 2019 36.62%
December 31, 2018 39.01%
September 30, 2018 41.00%
June 30, 2018 41.28%
Date Value
March 31, 2018 38.88%
December 31, 2017 40.05%
September 30, 2017 40.26%
June 30, 2017 38.28%
March 31, 2017 36.74%
December 31, 2016 35.56%
September 30, 2016 36.27%
June 30, 2016 37.04%
March 31, 2016 31.84%
December 31, 2015 34.62%
September 30, 2015 36.69%
June 30, 2015 36.39%
March 31, 2015 33.55%
December 31, 2014 35.08%
September 30, 2014 34.59%
June 30, 2014 34.93%
March 31, 2014 32.15%
December 31, 2013 34.54%
September 30, 2013 35.02%
June 30, 2013 36.39%
March 31, 2013 33.13%
December 31, 2012 37.11%
September 30, 2012 36.88%
June 30, 2012 37.17%
March 31, 2012 34.17%

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

25.16%
Minimum
Mar 2023
40.76%
Maximum
Jun 2020
36.11%
Average
37.94%
Median
Dec 2022