Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 34.19%
March 31, 2024 28.00%
December 31, 2023 20.72%
September 30, 2023 24.76%
June 30, 2023 32.60%
March 31, 2023 32.67%
December 31, 2022 31.43%
September 30, 2022 33.23%
June 30, 2022 37.27%
March 31, 2022 36.42%
December 31, 2021 31.45%
September 30, 2021 32.15%
June 30, 2021 31.86%
March 31, 2021 31.43%
December 31, 2020 31.41%
September 30, 2020 17.73%
June 30, 2020 34.15%
March 31, 2020 32.30%
December 31, 2019 28.71%
September 30, 2019 35.61%
June 30, 2019 32.29%
March 31, 2019 29.69%
December 31, 2018 26.39%
September 30, 2018 34.63%
June 30, 2018 34.28%
Date Value
March 31, 2018 33.18%
December 31, 2017 30.81%
September 30, 2017 -109.9%
June 30, 2017 27.01%
March 31, 2017 28.29%
December 31, 2016 26.85%
September 30, 2016 26.92%
June 30, 2016 29.87%
March 31, 2016 34.00%
December 31, 2015 33.71%
September 30, 2015 54.44%
June 30, 2015 31.31%
March 31, 2015 31.48%
December 31, 2014 29.40%
September 30, 2014 20.16%
June 30, 2014 27.66%
March 31, 2014 24.40%
December 31, 2013 26.82%
September 30, 2013 36.33%
June 30, 2013 26.60%
March 31, 2013 27.48%
December 31, 2012 28.73%
September 30, 2012 -19.81%
June 30, 2012 29.29%
March 31, 2012 27.66%

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

17.73%
Minimum
Sep 2020
37.27%
Maximum
Jun 2022
30.66%
Average
31.86%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks