Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 16.51%
June 30, 2024 16.45%
March 31, 2024 15.71%
December 31, 2023 16.04%
September 30, 2023 16.16%
June 30, 2023 15.95%
March 31, 2023 14.77%
December 31, 2022 19.22%
September 30, 2022 20.13%
June 30, 2022 21.43%
March 31, 2022 19.72%
December 31, 2021 19.02%
September 30, 2021 20.43%
June 30, 2021 19.54%
March 31, 2021 18.32%
December 31, 2020 15.65%
September 30, 2020 16.01%
June 30, 2020 17.49%
March 31, 2020 16.59%
December 31, 2019 17.11%
September 30, 2019 16.25%
June 30, 2019 15.39%
March 31, 2019 12.81%
December 31, 2018 16.39%
September 30, 2018 17.08%
Date Value
June 30, 2018 16.22%
March 31, 2018 15.99%
December 31, 2017 17.61%
September 30, 2017 18.74%
June 30, 2017 18.35%
March 31, 2017 17.99%
December 31, 2016 19.94%
September 30, 2016 19.39%
June 30, 2016 19.57%
March 31, 2016 18.36%
December 31, 2015 17.56%
September 30, 2015 17.82%
June 30, 2015 16.47%
March 31, 2015 19.04%
December 31, 2014 21.41%
September 30, 2014 21.32%
June 30, 2014 21.51%
March 31, 2014 18.94%
December 31, 2013 19.50%
September 30, 2013 20.42%
June 30, 2013 20.56%
March 31, 2013 17.18%
December 31, 2012 19.60%
September 30, 2012 22.74%
June 30, 2012 19.30%

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

14.77%
Minimum
Mar 2023
21.43%
Maximum
Jun 2022
17.61%
Average
16.85%
Median