Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.70%
March 31, 2024 22.91%
December 31, 2023 21.65%
September 30, 2023 22.64%
June 30, 2023 21.78%
March 31, 2023 22.32%
December 31, 2022 20.23%
September 30, 2022 20.02%
June 30, 2022 15.97%
March 31, 2022 19.02%
December 31, 2021 17.82%
September 30, 2021 20.52%
June 30, 2021 24.03%
March 31, 2021 23.32%
December 31, 2020 20.91%
September 30, 2020 27.44%
June 30, 2020 26.16%
March 31, 2020 23.35%
December 31, 2019 20.08%
September 30, 2019 26.77%
June 30, 2019 24.75%
March 31, 2019 21.34%
December 31, 2018 10.90%
September 30, 2018 27.22%
June 30, 2018 20.90%
Date Value
March 31, 2018 23.94%
December 31, 2017 20.13%
September 30, 2017 29.78%
June 30, 2017 28.91%
March 31, 2017 29.40%
December 31, 2016 22.28%
September 30, 2016 36.27%
June 30, 2016 35.81%
March 31, 2016 32.84%
December 31, 2015 25.87%
September 30, 2015 33.57%
June 30, 2015 32.02%
March 31, 2015 31.04%
December 31, 2014 23.96%
September 30, 2014 30.17%
June 30, 2014 31.06%
March 31, 2014 32.64%
December 31, 2013 31.74%
September 30, 2013 33.78%
June 30, 2013 34.62%
March 31, 2013 34.35%
December 31, 2012 34.24%
September 30, 2012 35.86%
June 30, 2012 34.83%
March 31, 2012 36.12%

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

15.97%
Minimum
Jun 2022
27.44%
Maximum
Sep 2020
21.63%
Average
21.65%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics