Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.80%
March 31, 2024 18.40%
December 31, 2023 20.01%
September 30, 2023 16.50%
June 30, 2023 15.55%
March 31, 2023 11.89%
December 31, 2022 3.16%
September 30, 2022 -1.71%
June 30, 2022 10.48%
March 31, 2022 1.52%
December 31, 2021 12.53%
September 30, 2021 6.77%
June 30, 2021 13.30%
March 31, 2021 11.23%
December 31, 2020 11.09%
September 30, 2020 10.54%
June 30, 2020 11.14%
March 31, 2020 9.46%
December 31, 2019 13.90%
Date Value
September 30, 2019 13.57%
June 30, 2019 13.53%
March 31, 2019 12.26%
December 31, 2018 12.33%
September 30, 2018 12.88%
June 30, 2018 11.77%
March 31, 2018 10.00%
December 31, 2017 12.70%
September 30, 2017 12.64%
June 30, 2017 13.53%
March 31, 2017 11.81%
December 31, 2016 13.32%
September 30, 2016 13.51%
June 30, 2016 14.49%
March 31, 2016 13.13%
December 31, 2015 14.28%
September 30, 2015 13.40%
June 30, 2015 13.96%
March 31, 2015 12.58%

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

-1.71%
Minimum
Sep 2022
20.80%
Maximum
Jun 2024
11.40%
Average
11.23%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics