Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.98%
March 31, 2024 39.09%
December 31, 2023 42.56%
September 30, 2023 40.62%
June 30, 2023 44.19%
March 31, 2023 42.70%
December 31, 2022 45.72%
September 30, 2022 41.50%
June 30, 2022 41.25%
March 31, 2022 36.87%
December 31, 2021 45.84%
September 30, 2021 32.63%
June 30, 2021 39.66%
March 31, 2021 36.73%
December 31, 2020 34.70%
September 30, 2020 33.16%
June 30, 2020 33.90%
March 31, 2020 26.45%
December 31, 2019 27.43%
September 30, 2019 24.01%
June 30, 2019 18.09%
March 31, 2019 12.56%
December 31, 2018 16.97%
September 30, 2018 17.76%
June 30, 2018 20.47%
Date Value
March 31, 2018 18.01%
December 31, 2017 17.34%
September 30, 2017 17.11%
June 30, 2017 18.78%
March 31, 2017 19.46%
December 31, 2016 20.36%
September 30, 2016 21.58%
June 30, 2016 22.68%
March 31, 2016 20.83%
December 31, 2015 21.61%
September 30, 2015 21.42%
June 30, 2015 23.07%
March 31, 2015 18.80%
September 30, 2014 5.51%
June 30, 2014 28.25%
March 31, 2014 25.60%
December 31, 2013 24.57%
September 30, 2013 16.27%
June 30, 2013 25.69%
March 31, 2013 24.42%
December 31, 2012 24.74%
September 30, 2012 17.15%
June 30, 2012 25.39%
March 31, 2012 25.75%
December 31, 2011 28.25%

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

26.45%
Minimum
Mar 2020
45.84%
Maximum
Dec 2021
38.00%
Average
39.09%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics