Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.27%
March 31, 2024 30.82%
December 31, 2023 38.25%
September 30, 2023 34.91%
June 30, 2023 34.50%
March 31, 2023 35.35%
December 31, 2022 35.65%
September 30, 2022 35.00%
June 30, 2022 36.47%
March 31, 2022 40.91%
December 31, 2021 41.90%
September 30, 2021 35.25%
June 30, 2021 32.62%
March 31, 2021 31.14%
December 31, 2020 35.25%
September 30, 2020 38.70%
June 30, 2020 43.09%
March 31, 2020 42.03%
December 31, 2019 46.31%
September 30, 2019 45.67%
June 30, 2019 43.04%
March 31, 2019 46.64%
December 31, 2018 46.89%
September 30, 2018 48.55%
June 30, 2018 45.69%
Date Value
March 31, 2018 46.20%
December 31, 2017 51.13%
September 30, 2017 49.29%
June 30, 2017 50.26%
March 31, 2017 46.98%
December 31, 2016 50.04%
September 30, 2016 49.88%
June 30, 2016 49.93%
March 31, 2016 50.62%
December 31, 2015 48.49%
September 30, 2015 48.22%
June 30, 2015 48.62%
March 31, 2015 47.39%
December 31, 2014 49.83%
September 30, 2014 48.58%
June 30, 2014 49.75%
March 31, 2014 50.26%
December 31, 2013 51.14%
September 30, 2013 47.31%
June 30, 2013 46.00%
March 31, 2013 45.78%
December 31, 2012 48.74%
September 30, 2012 46.09%
June 30, 2012 44.09%
March 31, 2012 49.71%

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

29.27%
Minimum
Jun 2024
46.31%
Maximum
Dec 2019
36.71%
Average
35.35%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks