Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 25.14%
June 30, 2024 25.99%
March 31, 2024 26.23%
December 31, 2023 26.09%
September 30, 2023 27.20%
June 30, 2023 26.79%
March 31, 2023 27.32%
December 31, 2022 25.30%
September 30, 2022 25.05%
June 30, 2022 25.17%
March 31, 2022 23.93%
December 31, 2021 24.81%
September 30, 2021 25.51%
June 30, 2021 25.36%
March 31, 2021 24.56%
December 31, 2020 23.67%
September 30, 2020 26.95%
June 30, 2020 25.25%
March 31, 2020 25.10%
December 31, 2019 22.77%
September 30, 2019 25.28%
June 30, 2019 25.64%
March 31, 2019 24.17%
December 31, 2018 24.46%
September 30, 2018 25.92%
Date Value
June 30, 2018 25.84%
March 31, 2018 25.31%
December 31, 2017 25.04%
September 30, 2017 27.01%
June 30, 2017 25.64%
March 31, 2017 25.15%
December 31, 2016 23.32%
September 30, 2016 25.24%
June 30, 2016 24.67%
March 31, 2016 23.83%
December 31, 2015 21.72%
September 30, 2015 24.83%
June 30, 2015 23.48%
March 31, 2015 21.91%
December 31, 2014 21.60%
September 30, 2014 23.61%
June 30, 2014 22.76%
March 31, 2014 22.09%
December 31, 2013 21.28%
September 30, 2013 24.70%
June 30, 2013 24.76%
March 31, 2013 22.04%
December 31, 2012 20.80%
September 30, 2012 23.75%
June 30, 2012 23.45%

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

22.77%
Minimum
Dec 2019
27.32%
Maximum
Mar 2023
25.41%
Average
25.27%
Median

Gross Profit Margin (Quarterly) Benchmarks