Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 28.39%
September 30, 2023 28.87%
June 30, 2023 28.85%
March 31, 2023 28.92%
December 31, 2022 29.56%
September 30, 2022 29.96%
June 30, 2022 30.13%
March 31, 2022 29.94%
December 31, 2021 29.77%
September 30, 2021 28.75%
June 30, 2021 28.34%
March 31, 2021 26.87%
December 31, 2020 26.74%
September 30, 2020 26.13%
June 30, 2020 27.35%
March 31, 2020 28.36%
December 31, 2019 25.34%
September 30, 2019 29.06%
June 30, 2019 29.33%
March 31, 2019 28.57%
December 31, 2018 29.26%
September 30, 2018 29.80%
June 30, 2018 30.04%
March 31, 2018 31.77%
December 31, 2017 32.50%
Date Value
September 30, 2017 32.73%
June 30, 2017 32.59%
March 31, 2017 31.63%
December 31, 2016 31.92%
September 30, 2016 32.91%
June 30, 2016 33.23%
March 31, 2016 32.26%
December 31, 2015 33.41%
September 30, 2015 33.46%
June 30, 2015 32.67%
March 31, 2015 31.60%
December 31, 2014 32.32%
September 30, 2014 32.74%
June 30, 2014 32.67%
March 31, 2014 31.50%
December 31, 2013 30.58%
September 30, 2013 30.18%
June 30, 2013 29.75%
March 31, 2013 29.05%
December 31, 2012 29.57%
September 30, 2012 30.88%
June 30, 2012 31.80%
March 31, 2012 33.65%
December 31, 2011 38.97%
September 30, 2011 33.58%

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

25.34%
Minimum
Dec 2019
30.13%
Maximum
Jun 2022
28.46%
Average
28.80%
Median

Gross Profit Margin (Quarterly) Benchmarks