Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 35.58%
June 30, 2024 35.46%
March 31, 2024 34.01%
December 31, 2023 32.79%
September 30, 2023 33.29%
June 30, 2023 33.45%
March 31, 2023 31.47%
December 31, 2022 29.52%
September 30, 2022 28.01%
June 30, 2022 30.37%
March 31, 2022 31.24%
December 31, 2021 30.06%
September 30, 2021 30.80%
June 30, 2021 29.38%
March 31, 2021 31.63%
December 31, 2020 31.44%
September 30, 2020 32.18%
June 30, 2020 31.95%
March 31, 2020 31.72%
December 31, 2019 32.63%
September 30, 2019 34.05%
June 30, 2019 33.37%
March 31, 2019 31.26%
December 31, 2018 31.38%
September 30, 2018 30.96%
Date Value
June 30, 2018 32.66%
March 31, 2018 31.88%
December 31, 2017 32.42%
September 30, 2017 30.64%
June 30, 2017 31.79%
March 31, 2017 32.26%
December 31, 2016 33.34%
September 30, 2016 32.24%
June 30, 2016 33.47%
March 31, 2016 31.69%
December 31, 2015 30.08%
September 30, 2015 30.81%
June 30, 2015 31.06%
March 31, 2015 29.77%
December 31, 2014 27.13%
September 30, 2014 27.72%
June 30, 2014 24.45%
March 31, 2014 27.00%
December 31, 2013 29.13%
September 30, 2013 28.00%
June 30, 2013 29.88%
March 31, 2013 28.63%
December 31, 2012 27.98%
September 30, 2012 31.15%
June 30, 2012 28.58%

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

28.01%
Minimum
Sep 2022
35.58%
Maximum
Sep 2024
31.85%
Average
31.68%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics