Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 36.46%
September 30, 2023 37.07%
June 30, 2023 28.53%
March 31, 2023 33.18%
December 31, 2022 35.57%
September 30, 2022 37.03%
June 30, 2022 34.99%
March 31, 2022 34.34%
December 31, 2021 37.09%
September 30, 2021 35.50%
June 30, 2021 37.42%
March 31, 2021 32.64%
December 31, 2020 31.70%
September 30, 2020 33.33%
June 30, 2020 31.97%
March 31, 2020 32.07%
December 31, 2019 31.51%
September 30, 2019 35.54%
June 30, 2019 34.28%
March 31, 2019 31.18%
December 31, 2018 31.70%
September 30, 2018 38.60%
June 30, 2018 30.91%
March 31, 2018 29.15%
December 31, 2017 33.90%
Date Value
September 30, 2017 26.86%
June 30, 2017 26.83%
March 31, 2017 18.06%
December 31, 2016 27.42%
September 30, 2016 23.47%
June 30, 2016 23.08%
March 31, 2016 21.93%
December 31, 2015 28.94%
September 30, 2015 24.09%
June 30, 2015 23.41%
March 31, 2015 22.51%
December 31, 2014 24.36%
September 30, 2014 22.91%
June 30, 2014 26.09%
March 31, 2014 26.53%
December 31, 2013 27.39%
September 30, 2013 26.31%
June 30, 2013 25.69%
March 31, 2013 25.94%
December 31, 2012 28.45%
September 30, 2012 26.99%
June 30, 2012 35.05%
March 31, 2012 36.72%
December 31, 2011 41.41%
September 30, 2011 49.72%

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

28.53%
Minimum
Jun 2023
37.42%
Maximum
Jun 2021
34.14%
Average
34.34%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics