Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 21.77%
June 30, 2024 21.81%
March 31, 2024 21.82%
December 31, 2023 22.99%
September 30, 2023 21.81%
June 30, 2023 21.00%
March 31, 2023 21.35%
December 31, 2022 21.72%
September 30, 2022 19.84%
June 30, 2022 19.01%
March 31, 2022 18.56%
December 31, 2021 17.62%
September 30, 2021 17.26%
June 30, 2021 17.15%
March 31, 2021 16.44%
December 31, 2020 17.77%
September 30, 2020 17.36%
June 30, 2020 17.12%
March 31, 2020 17.24%
December 31, 2019 17.14%
September 30, 2019 16.64%
June 30, 2019 16.71%
March 31, 2019 16.98%
December 31, 2018 17.03%
September 30, 2018 16.32%
Date Value
June 30, 2018 16.62%
March 31, 2018 16.75%
December 31, 2017 16.36%
September 30, 2017 16.33%
June 30, 2017 16.47%
March 31, 2017 17.00%
December 31, 2016 18.19%
September 30, 2016 16.57%
June 30, 2016 16.66%
March 31, 2016 16.83%
December 31, 2015 16.31%
September 30, 2015 16.20%
June 30, 2015 16.13%
March 31, 2015 16.57%
December 31, 2014 16.13%
September 30, 2014 15.53%
June 30, 2014 16.00%
March 31, 2014 16.03%
December 31, 2013 16.52%
September 30, 2013 16.00%
June 30, 2013 16.25%
March 31, 2013 16.67%
December 31, 2012 16.36%
September 30, 2012 16.49%
June 30, 2012 16.52%

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

16.44%
Minimum
Mar 2021
22.99%
Maximum
Dec 2023
19.34%
Average
18.78%
Median

Gross Profit Margin (Quarterly) Benchmarks