Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 18.02%
March 31, 2024 17.93%
December 31, 2023 18.30%
September 30, 2023 18.00%
June 30, 2023 19.16%
March 31, 2023 21.09%
December 31, 2022 17.27%
September 30, 2022 16.76%
June 30, 2022 17.23%
March 31, 2022 17.73%
December 31, 2021 19.48%
September 30, 2021 18.93%
June 30, 2021 21.21%
March 31, 2021 19.38%
December 31, 2020 16.08%
September 30, 2020 15.28%
June 30, 2020 6.46%
March 31, 2020 15.20%
December 31, 2019 16.66%
September 30, 2019 17.13%
June 30, 2019 17.67%
March 31, 2019 18.06%
December 31, 2018 18.38%
September 30, 2018 16.00%
June 30, 2018 20.34%
Date Value
March 31, 2018 21.35%
December 31, 2017 18.39%
September 30, 2017 20.49%
June 30, 2017 21.48%
March 31, 2017 20.84%
December 31, 2016 18.43%
September 30, 2016 19.64%
June 30, 2016 20.22%
March 31, 2016 21.48%
December 31, 2015 18.92%
September 30, 2015 19.90%
June 30, 2015 19.23%
March 31, 2015 20.83%
December 31, 2014 20.01%
September 30, 2014 21.15%
June 30, 2014 22.41%
March 31, 2014 21.19%
December 31, 2013 19.70%
September 30, 2013 19.83%
June 30, 2013 20.41%
March 31, 2013 20.39%
December 31, 2012 19.16%
September 30, 2012 20.02%
June 30, 2012 20.98%
March 31, 2012 20.58%

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

6.46%
Minimum
Jun 2020
21.21%
Maximum
Jun 2021
17.38%
Average
17.93%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks