Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.75%
March 31, 2024 25.87%
December 31, 2023 24.65%
September 30, 2023 29.69%
June 30, 2023 28.66%
March 31, 2023 30.96%
December 31, 2022 29.40%
September 30, 2022 33.11%
June 30, 2022 40.36%
March 31, 2022 49.44%
December 31, 2021 58.20%
September 30, 2021 49.00%
June 30, 2021 46.97%
March 31, 2021 37.99%
December 31, 2020 31.04%
September 30, 2020 27.24%
June 30, 2020 30.24%
March 31, 2020 33.83%
December 31, 2019 35.39%
September 30, 2019 42.03%
June 30, 2019 45.54%
March 31, 2019 45.48%
December 31, 2018 48.61%
September 30, 2018 40.84%
June 30, 2018 40.42%
Date Value
March 31, 2018 38.84%
December 31, 2017 31.86%
September 30, 2017 28.40%
June 30, 2017 24.75%
March 31, 2017 23.12%
December 31, 2016 25.64%
September 30, 2016 28.80%
June 30, 2016 31.28%
March 31, 2016 28.91%
December 31, 2015 25.08%
September 30, 2015 21.95%
June 30, 2015 22.55%
March 31, 2015 26.88%
December 31, 2014 25.58%
September 30, 2014 24.63%
June 30, 2014 31.31%
March 31, 2014 32.31%
December 31, 2013 33.51%
September 30, 2013 29.16%
June 30, 2013 27.64%
March 31, 2013 30.16%
December 31, 2012 40.34%
September 30, 2012 34.90%
June 30, 2012 39.77%
March 31, 2012 35.64%

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

24.65%
Minimum
Dec 2023
58.20%
Maximum
Dec 2021
35.25%
Average
31.04%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks