Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 24.32%
June 30, 2024 26.01%
March 31, 2024 28.19%
December 31, 2023 23.34%
September 30, 2023 22.93%
June 30, 2023 23.94%
March 31, 2023 26.25%
December 31, 2022 22.46%
September 30, 2022 22.25%
June 30, 2022 25.42%
March 31, 2022 26.01%
December 31, 2021 23.82%
September 30, 2021 24.95%
June 30, 2021 25.72%
March 31, 2021 26.28%
December 31, 2020 25.33%
September 30, 2020 24.78%
June 30, 2020 24.69%
March 31, 2020 27.02%
December 31, 2019 26.16%
September 30, 2019 26.13%
June 30, 2019 27.21%
March 31, 2019 29.94%
December 31, 2018 22.45%
September 30, 2018 28.80%
Date Value
June 30, 2018 30.90%
March 31, 2018 31.76%
December 31, 2017 32.45%
September 30, 2017 31.95%
June 30, 2017 31.15%
March 31, 2017 31.89%
December 31, 2016 30.95%
September 30, 2016 30.96%
June 30, 2016 32.27%
March 31, 2016 32.93%
December 31, 2015 29.86%
September 30, 2015 26.19%
June 30, 2015 26.38%
March 31, 2015 26.59%
December 31, 2014 24.26%
September 30, 2014 24.25%
June 30, 2014 26.29%
March 31, 2014 24.69%
December 31, 2013 23.78%
September 30, 2013 25.32%
June 30, 2013 25.75%
March 31, 2013 24.65%
December 31, 2012 22.37%
September 30, 2012 25.78%
June 30, 2012 26.09%

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

22.25%
Minimum
Sep 2022
28.19%
Maximum
Mar 2024
24.99%
Average
25.14%
Median

Gross Profit Margin (Quarterly) Benchmarks