Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.65%
March 31, 2024 17.09%
December 31, 2023 18.25%
September 30, 2023 20.60%
June 30, 2023 23.76%
March 31, 2023 19.76%
December 31, 2022 23.46%
September 30, 2022 23.72%
June 30, 2022 23.88%
March 31, 2022 23.96%
December 31, 2021 22.75%
September 30, 2021 24.63%
June 30, 2021 20.17%
March 31, 2021 17.76%
December 31, 2020 20.02%
September 30, 2020 23.32%
June 30, 2020 23.29%
March 31, 2020 22.70%
December 31, 2019 23.99%
September 30, 2019 23.13%
June 30, 2019 23.59%
March 31, 2019 24.22%
December 31, 2018 23.54%
September 30, 2018 21.38%
June 30, 2018 18.51%
Date Value
March 31, 2018 21.10%
December 31, 2017 15.27%
September 30, 2017 15.74%
June 30, 2017 15.60%
March 31, 2017 14.54%
December 31, 2016 16.88%
September 30, 2016 13.43%
June 30, 2016 15.91%
March 31, 2016 17.65%
December 31, 2015 15.62%
September 30, 2015 17.74%
June 30, 2015 20.52%
March 31, 2015 21.10%
December 31, 2014 10.66%
September 30, 2014 23.66%
June 30, 2014 23.33%
March 31, 2014 19.75%
December 31, 2013 14.88%
September 30, 2013 21.86%
June 30, 2013 20.85%
March 31, 2013 22.13%
December 31, 2012 23.52%
September 30, 2012 25.49%
June 30, 2012 24.74%
March 31, 2012 21.55%

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

17.09%
Minimum
Mar 2024
24.63%
Maximum
Sep 2021
21.62%
Average
22.75%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks