Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.90%
March 31, 2024 32.29%
December 31, 2023 31.47%
September 30, 2023 32.69%
June 30, 2023 31.33%
March 31, 2023 31.49%
December 31, 2022 31.07%
September 30, 2022 32.21%
June 30, 2022 32.41%
March 31, 2022 29.15%
December 31, 2021 28.67%
September 30, 2021 30.94%
June 30, 2021 30.74%
March 31, 2021 29.57%
December 31, 2020 27.89%
September 30, 2020 29.73%
June 30, 2020 30.53%
March 31, 2020 30.35%
December 31, 2019 30.11%
September 30, 2019 31.08%
June 30, 2019 30.68%
March 31, 2019 29.46%
December 31, 2018 29.16%
September 30, 2018 29.67%
June 30, 2018 29.40%
Date Value
March 31, 2018 29.45%
December 31, 2017 31.45%
September 30, 2017 30.09%
June 30, 2017 29.64%
March 31, 2017 28.85%
December 31, 2016 30.23%
September 30, 2016 29.34%
June 30, 2016 30.17%
March 31, 2016 29.06%
December 31, 2015 28.22%
September 30, 2015 30.78%
June 30, 2015 29.74%
March 31, 2015 29.37%
December 31, 2014 29.33%
September 30, 2014 30.04%
June 30, 2014 29.92%
March 31, 2014 28.28%
December 31, 2013 28.38%
September 30, 2013 29.10%
June 30, 2013 29.72%
March 31, 2013 29.92%
December 31, 2012 28.17%
September 30, 2012 29.19%
June 30, 2012 30.37%
March 31, 2012 28.45%

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

27.89%
Minimum
Dec 2020
32.69%
Maximum
Sep 2023
30.66%
Average
30.74%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks