Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 26.32%
March 31, 2024 24.10%
December 31, 2023 22.13%
September 30, 2023 17.98%
June 30, 2023 12.17%
March 31, 2023 12.70%
December 31, 2022 16.51%
September 30, 2022 18.48%
June 30, 2022 15.32%
March 31, 2022 9.24%
December 31, 2021 21.83%
September 30, 2021 20.08%
June 30, 2021 18.16%
March 31, 2021 19.79%
December 31, 2020 20.81%
September 30, 2020 23.58%
June 30, 2020 21.74%
March 31, 2020 25.18%
December 31, 2019 24.24%
September 30, 2019 24.77%
June 30, 2019 25.09%
March 31, 2019 20.61%
December 31, 2018 18.94%
September 30, 2018 16.96%
June 30, 2018 8.42%
Date Value
March 31, 2018 19.61%
December 31, 2017 25.29%
September 30, 2017 21.84%
June 30, 2017 18.47%
March 31, 2017 17.62%
December 31, 2016 40.73%
September 30, 2016 22.15%
June 30, 2016 22.53%
March 31, 2016 25.01%
December 31, 2015 31.26%
September 30, 2015 31.41%
June 30, 2015 31.91%
March 31, 2015 30.70%
December 31, 2014 33.40%
September 30, 2014 29.63%
June 30, 2014 26.58%
March 31, 2014 26.48%
December 31, 2013 26.00%
September 30, 2013 25.23%
June 30, 2013 24.94%
March 31, 2013 23.54%
December 31, 2012 27.55%
September 30, 2012 21.22%
June 30, 2012 21.76%
March 31, 2012 21.20%

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

9.24%
Minimum
Mar 2022
26.32%
Maximum
Jun 2024
19.49%
Average
20.08%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks