Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 34.01%
March 31, 2024 36.77%
December 31, 2023 36.39%
September 30, 2023 34.66%
June 30, 2023 38.17%
March 31, 2023 39.39%
December 31, 2022 40.10%
September 30, 2022 40.28%
June 30, 2022 42.80%
March 31, 2022 42.38%
December 31, 2021 42.20%
September 30, 2021 38.68%
June 30, 2021 39.74%
March 31, 2021 37.50%
December 31, 2020 37.02%
September 30, 2020 30.80%
June 30, 2020 24.89%
March 31, 2020 28.88%
December 31, 2019 26.11%
September 30, 2019 28.65%
Date Value
June 30, 2019 25.56%
March 31, 2019 24.95%
December 31, 2018 24.39%
September 30, 2018 23.40%
June 30, 2018 24.16%
March 31, 2018 24.53%
December 31, 2017 23.37%
September 30, 2017 22.62%
June 30, 2017 23.25%
March 31, 2017 23.50%
December 31, 2016 27.15%
September 30, 2016 22.16%
June 30, 2016 28.18%
March 31, 2016 25.89%
December 31, 2015 20.20%
September 30, 2015 16.18%
June 30, 2015 18.21%
March 31, 2015 15.59%
December 31, 2014 13.08%

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

24.89%
Minimum
Jun 2020
42.80%
Maximum
Jun 2022
36.36%
Average
37.50%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics