Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 19.05%
June 30, 2024 19.90%
March 31, 2024 21.19%
December 31, 2023 18.74%
September 30, 2023 18.36%
June 30, 2023 24.95%
March 31, 2023 23.96%
December 31, 2022 15.10%
September 30, 2022 24.31%
June 30, 2022 25.95%
March 31, 2022 27.55%
December 31, 2021 24.95%
September 30, 2021 25.42%
June 30, 2021 15.95%
March 31, 2021 20.68%
December 31, 2020 23.39%
September 30, 2020 20.84%
June 30, 2020 18.21%
March 31, 2020 22.84%
December 31, 2019 11.09%
September 30, 2019 21.15%
June 30, 2019 22.94%
Date Value
March 31, 2019 21.51%
December 31, 2018 27.32%
September 30, 2018 29.30%
June 30, 2018 30.67%
March 31, 2018 31.04%
December 31, 2017 30.73%
September 30, 2017 29.36%
June 30, 2017 27.58%
March 31, 2017 24.77%
December 31, 2016 22.09%
September 30, 2016 24.46%
June 30, 2016 19.31%
March 31, 2016 15.57%
December 31, 2015 15.66%
September 30, 2015 17.77%
June 30, 2015 14.99%
March 31, 2015 18.49%
December 31, 2014 19.43%
September 30, 2014 22.00%
June 30, 2014 22.06%
March 31, 2014 20.97%
December 31, 2013 21.50%

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

11.09%
Minimum
Dec 2019
27.55%
Maximum
Mar 2022
21.12%
Average
21.01%
Median

Gross Profit Margin (Quarterly) Benchmarks