Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 6.27%
March 31, 2024 4.72%
December 31, 2023 6.78%
September 30, 2023 4.34%
June 30, 2023 5.52%
March 31, 2023 3.81%
December 31, 2022 3.63%
September 30, 2022 3.88%
June 30, 2022 5.19%
March 31, 2022 3.00%
December 31, 2021 5.13%
September 30, 2021 4.06%
June 30, 2021 5.05%
March 31, 2021 4.37%
December 31, 2020 4.94%
September 30, 2020 4.94%
June 30, 2020 5.62%
March 31, 2020 3.41%
December 31, 2019 4.73%
September 30, 2019 5.50%
June 30, 2019 6.91%
March 31, 2019 5.55%
December 31, 2018 11.56%
September 30, 2018 7.86%
June 30, 2018 9.93%
Date Value
March 31, 2018 10.02%
December 31, 2017 8.45%
September 30, 2017 8.33%
June 30, 2017 8.84%
March 31, 2017 8.97%
December 31, 2016 9.32%
September 30, 2016 8.96%
June 30, 2016 9.12%
March 31, 2016 7.63%
December 31, 2015 8.38%
September 30, 2015 9.37%
June 30, 2015 9.11%
March 31, 2015 9.07%
December 31, 2014 8.96%
September 30, 2014 8.91%
June 30, 2014 9.26%
March 31, 2014 7.65%
December 31, 2013 6.92%
September 30, 2013 6.19%
June 30, 2013 6.59%
March 31, 2013 6.23%
December 31, 2012 5.42%
September 30, 2012 6.88%
June 30, 2012 7.80%
March 31, 2012 7.55%

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

3.00%
Minimum
Mar 2022
6.78%
Maximum
Dec 2023
4.71%
Average
4.73%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks