Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.50%
March 31, 2024 35.18%
December 31, 2023 35.02%
September 30, 2023 37.64%
June 30, 2023 36.68%
March 31, 2023 34.57%
December 31, 2022 36.52%
September 30, 2022 37.03%
June 30, 2022 37.26%
March 31, 2022 35.78%
December 31, 2021 37.03%
September 30, 2021 37.96%
June 30, 2021 39.77%
March 31, 2021 37.82%
December 31, 2020 35.98%
September 30, 2020 38.40%
June 30, 2020 36.61%
March 31, 2020 35.40%
December 31, 2019 35.80%
September 30, 2019 38.84%
June 30, 2019 39.29%
March 31, 2019 37.50%
December 31, 2018 37.30%
September 30, 2018 39.75%
June 30, 2018 39.60%
Date Value
March 31, 2018 37.12%
December 31, 2017 37.01%
September 30, 2017 39.49%
June 30, 2017 38.76%
March 31, 2017 35.31%
December 31, 2016 35.10%
September 30, 2016 36.21%
June 30, 2016 36.53%
March 31, 2016 34.65%
December 31, 2015 8.96%
September 30, 2015 41.86%
June 30, 2015 41.39%
March 31, 2015 39.35%
December 31, 2014 38.43%
September 30, 2014 40.88%
June 30, 2014 40.97%
March 31, 2014 39.22%
December 31, 2013 38.14%
September 30, 2013 41.08%
June 30, 2013 40.88%
March 31, 2013 38.59%
December 31, 2012 38.62%
September 30, 2012 38.47%
June 30, 2012 38.46%
March 31, 2012 37.28%

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

34.57%
Minimum
Mar 2023
39.77%
Maximum
Jun 2021
36.79%
Average
36.68%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks