Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 13.11%
March 31, 2024 23.23%
December 31, 2023 19.13%
September 30, 2023 48.52%
June 30, 2023 13.83%
March 31, 2023 23.11%
December 31, 2022 20.05%
September 30, 2022 21.60%
June 30, 2022 20.64%
March 31, 2022 22.66%
December 31, 2021 17.65%
September 30, 2021 37.67%
June 30, 2021 20.07%
March 31, 2021 22.93%
December 31, 2020 20.94%
September 30, 2020 18.90%
June 30, 2020 14.17%
March 31, 2020 22.21%
December 31, 2019 22.03%
September 30, 2019 22.23%
June 30, 2019 23.33%
March 31, 2019 23.32%
December 31, 2018 21.89%
September 30, 2018 22.64%
June 30, 2018 23.98%
Date Value
March 31, 2018 24.33%
December 31, 2017 23.24%
September 30, 2017 21.75%
June 30, 2017 22.48%
March 31, 2017 23.70%
December 31, 2016 23.00%
September 30, 2016 22.59%
June 30, 2016 24.61%
March 31, 2016 24.18%
December 31, 2015 23.24%
September 30, 2015 22.83%
June 30, 2015 24.14%
March 31, 2015 24.92%
December 31, 2014 23.42%
September 30, 2014 23.76%
June 30, 2014 24.96%
March 31, 2014 25.43%
December 31, 2013 23.32%
September 30, 2013 22.57%
June 30, 2013 24.79%
March 31, 2013 23.36%
December 31, 2012 22.62%
September 30, 2012 23.21%
June 30, 2012 22.98%
March 31, 2012 22.80%

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

13.11%
Minimum
Jun 2024
48.52%
Maximum
Sep 2023
22.23%
Average
20.94%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks