Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.54%
March 31, 2024 38.61%
December 31, 2023 37.89%
September 30, 2023 30.12%
June 30, 2023 29.97%
March 31, 2023 36.29%
December 31, 2022 37.06%
September 30, 2022 28.96%
June 30, 2022 38.15%
March 31, 2022 36.36%
December 31, 2021 35.50%
September 30, 2021 40.95%
June 30, 2021 39.80%
March 31, 2021 38.87%
December 31, 2020 37.44%
September 30, 2020 40.21%
June 30, 2020 38.19%
March 31, 2020 41.51%
December 31, 2019 42.71%
September 30, 2019 43.14%
June 30, 2019 40.68%
March 31, 2019 40.94%
December 31, 2018 41.76%
September 30, 2018 44.62%
June 30, 2018 43.60%
Date Value
March 31, 2018 41.61%
December 31, 2017 41.76%
September 30, 2017 41.74%
June 30, 2017 43.45%
March 31, 2017 42.18%
December 31, 2016 41.89%
September 30, 2016 41.87%
June 30, 2016 37.60%
March 31, 2016 40.63%
December 31, 2015 41.18%
September 30, 2015 41.58%
June 30, 2015 41.25%
March 31, 2015 42.41%
December 31, 2014 43.28%
September 30, 2014 44.04%
June 30, 2014 47.40%
March 31, 2014 49.14%
December 31, 2013
September 30, 2013 51.37%
June 30, 2013 52.85%
March 31, 2013 50.93%
December 31, 2012 49.67%
September 30, 2012 52.06%
June 30, 2012 52.41%
March 31, 2012 50.59%

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

28.96%
Minimum
Sep 2022
42.71%
Maximum
Dec 2019
37.16%
Average
37.89%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics