Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 18.47%
March 31, 2024 17.27%
December 31, 2023 21.78%
September 30, 2023 18.00%
June 30, 2023 16.53%
March 31, 2023 15.20%
December 31, 2022 19.44%
September 30, 2022 15.25%
June 30, 2022 17.86%
March 31, 2022 10.80%
December 31, 2021 14.20%
September 30, 2021 15.52%
June 30, 2021 13.12%
March 31, 2021 15.15%
December 31, 2020 15.55%
September 30, 2020 11.86%
June 30, 2020 9.41%
March 31, 2020 15.16%
December 31, 2019 14.49%
September 30, 2019 17.22%
June 30, 2019 14.36%
March 31, 2019 12.86%
December 31, 2018 9.16%
September 30, 2018 13.71%
June 30, 2018 13.53%
Date Value
March 31, 2018 16.15%
December 31, 2017 11.45%
September 30, 2017 19.00%
June 30, 2017 20.45%
March 31, 2017 18.13%
December 31, 2016 14.56%
September 30, 2016 21.12%
June 30, 2016 17.97%
March 31, 2016 17.98%
December 31, 2015 16.80%
September 30, 2015 17.52%
June 30, 2015 19.96%
March 31, 2015 17.56%
December 31, 2014 17.72%
September 30, 2014 20.23%
June 30, 2014 18.69%
March 31, 2014 18.67%
December 31, 2013 17.31%
September 30, 2013 18.18%
June 30, 2013 18.79%
March 31, 2013 19.93%
December 31, 2012 16.98%
September 30, 2012 17.08%
June 30, 2012 19.45%
March 31, 2012 19.00%

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

9.41%
Minimum
Jun 2020
21.78%
Maximum
Dec 2023
15.53%
Average
15.25%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks