Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 32.82%
March 31, 2024 33.40%
December 31, 2023 35.29%
September 30, 2023 34.87%
June 30, 2023 35.22%
March 31, 2023 35.32%
December 31, 2022 34.08%
September 30, 2022 34.97%
June 30, 2022 34.83%
March 31, 2022 32.25%
December 31, 2021 32.06%
September 30, 2021 31.09%
June 30, 2021 28.39%
March 31, 2021 25.63%
December 31, 2020 26.44%
September 30, 2020 24.86%
June 30, 2020 26.59%
March 31, 2020 26.04%
December 31, 2019 27.02%
September 30, 2019 27.32%
June 30, 2019 27.15%
March 31, 2019 27.09%
December 31, 2018 27.14%
September 30, 2018 24.68%
June 30, 2018 23.75%
Date Value
March 31, 2018 24.17%
December 31, 2017 24.24%
September 30, 2017 24.45%
June 30, 2017 25.00%
March 31, 2017 24.53%
December 31, 2016 25.31%
September 30, 2016 25.03%
June 30, 2016 24.94%
March 31, 2016 25.03%
December 31, 2015 26.26%
September 30, 2015 25.45%
June 30, 2015 23.97%
March 31, 2015 22.57%
December 31, 2014 22.85%
September 30, 2014 22.45%
June 30, 2014 21.99%
March 31, 2014 21.66%
December 31, 2013 22.44%
September 30, 2013 22.96%
June 30, 2013 20.65%
March 31, 2013 19.50%
December 31, 2012 20.19%
September 30, 2012 19.78%
June 30, 2012 19.74%
March 31, 2012 20.57%

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

24.86%
Minimum
Sep 2020
35.32%
Maximum
Mar 2023
31.11%
Average
32.25%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics