Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.76%
March 31, 2024 27.89%
December 31, 2023 28.40%
September 30, 2023 28.33%
June 30, 2023 28.23%
March 31, 2023 28.86%
December 31, 2022 28.39%
September 30, 2022 27.42%
June 30, 2022 27.80%
March 31, 2022 28.70%
December 31, 2021 28.88%
September 30, 2021 27.40%
June 30, 2021 27.09%
March 31, 2021 27.78%
December 31, 2020 27.78%
September 30, 2020 27.19%
June 30, 2020 24.39%
March 31, 2020 23.22%
December 31, 2019 25.11%
September 30, 2019 26.28%
June 30, 2019 26.99%
March 31, 2019 26.55%
December 31, 2018 26.31%
September 30, 2018 25.97%
June 30, 2018 25.98%
Date Value
March 31, 2018 26.29%
December 31, 2017 25.97%
September 30, 2017 25.74%
June 30, 2017 25.32%
March 31, 2017 24.07%
December 31, 2016 25.79%
September 30, 2016 25.03%
June 30, 2016 24.42%
March 31, 2016 24.76%
December 31, 2015 25.51%
September 30, 2015 25.22%
June 30, 2015 23.98%
March 31, 2015 24.93%
December 31, 2014 25.24%
September 30, 2014 27.18%
June 30, 2014 28.19%
March 31, 2014 26.93%
December 31, 2013 27.15%
September 30, 2013 25.82%
June 30, 2013 26.25%
March 31, 2013 24.03%
December 31, 2012 24.41%
September 30, 2012 26.70%
June 30, 2012 26.37%
March 31, 2012 25.20%

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

23.22%
Minimum
Mar 2020
29.76%
Maximum
Jun 2024
27.51%
Average
27.80%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks