Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 32.92%
June 30, 2024 34.15%
March 31, 2024 33.96%
December 31, 2023 33.11%
September 30, 2023 33.64%
June 30, 2023 33.83%
March 31, 2023 35.10%
December 31, 2022 34.23%
September 30, 2022 35.05%
June 30, 2022 33.90%
March 31, 2022 35.37%
December 31, 2021 33.94%
September 30, 2021 33.58%
June 30, 2021 33.71%
Date Value
March 31, 2021 34.32%
December 31, 2020 32.48%
September 30, 2020 31.55%
June 30, 2020 33.18%
March 31, 2020 33.04%
December 31, 2019 31.52%
September 30, 2019 31.52%
June 30, 2019 32.05%
March 31, 2019 32.11%
December 31, 2018 29.36%
September 30, 2018 32.04%
June 30, 2018 31.67%
March 31, 2018 31.04%

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

31.52%
Minimum
Dec 2019
35.37%
Maximum
Mar 2022
33.63%
Average
33.77%
Median

Gross Profit Margin (Quarterly) Benchmarks