Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 41.49%
March 31, 2024 42.05%
December 31, 2023 40.30%
September 30, 2023 39.17%
June 30, 2023 38.36%
March 31, 2023 33.18%
December 31, 2022 32.08%
September 30, 2022 30.98%
June 30, 2022 29.84%
March 31, 2022 30.94%
December 31, 2021 31.00%
September 30, 2021 29.69%
June 30, 2021 31.97%
March 31, 2021 32.02%
December 31, 2020 33.52%
September 30, 2020 35.11%
June 30, 2020 36.04%
March 31, 2020 34.54%
December 31, 2019 34.39%
September 30, 2019 33.87%
June 30, 2019 33.63%
March 31, 2019 31.09%
December 31, 2018 30.04%
September 30, 2018 29.91%
June 30, 2018 28.62%
Date Value
March 31, 2018 28.60%
December 31, 2017 25.87%
September 30, 2017 20.19%
June 30, 2017 24.69%
March 31, 2017 23.32%
December 31, 2016 24.28%
September 30, 2016 26.17%
June 30, 2016 28.92%
March 31, 2016 28.52%
December 31, 2015 26.38%
September 30, 2015 27.09%
June 30, 2015 27.62%
March 31, 2015 28.63%
December 31, 2014 18.98%
September 30, 2014 23.24%
June 30, 2014 19.48%
March 31, 2014 23.01%
December 31, 2013 17.74%
September 30, 2013 21.10%
June 30, 2013 20.95%
March 31, 2013 17.54%
December 31, 2012 17.80%
September 30, 2012 17.45%
June 30, 2012 16.71%
March 31, 2012 17.01%

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

29.69%
Minimum
Sep 2021
42.05%
Maximum
Mar 2024
34.56%
Average
33.52%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics