Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.92%
March 31, 2024 34.57%
December 31, 2023 38.83%
September 30, 2023 33.68%
June 30, 2023 40.38%
March 31, 2023 35.30%
December 31, 2022 38.97%
September 30, 2022 37.91%
June 30, 2022 41.85%
March 31, 2022 34.98%
December 31, 2021 39.11%
September 30, 2021 39.77%
June 30, 2021 41.86%
March 31, 2021 37.30%
December 31, 2020 28.10%
September 30, 2020 29.88%
June 30, 2020 22.93%
March 31, 2020 33.30%
December 31, 2019 40.11%
September 30, 2019 37.20%
June 30, 2019 40.68%
March 31, 2019 35.52%
December 31, 2018 39.38%
September 30, 2018 37.29%
June 30, 2018 40.72%
Date Value
March 31, 2018 35.59%
December 31, 2017 39.18%
September 30, 2017 38.04%
June 30, 2017 39.53%
March 31, 2017 35.03%
December 31, 2016 40.90%
September 30, 2016 42.65%
June 30, 2016 42.88%
March 31, 2016 35.56%
December 31, 2015 38.41%
September 30, 2015 41.63%
June 30, 2015 44.04%
March 31, 2015 35.16%
December 31, 2014 41.24%
September 30, 2014 41.83%
June 30, 2014 41.98%
March 31, 2014 39.00%
December 31, 2013 42.96%
September 30, 2013 42.52%
June 30, 2013 45.81%
March 31, 2013 39.66%
December 31, 2012 40.66%
September 30, 2012 45.17%
June 30, 2012 44.65%
March 31, 2012 39.72%

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

22.93%
Minimum
Jun 2020
41.86%
Maximum
Jun 2021
36.20%
Average
37.91%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics