Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 28.19%
September 30, 2023 26.32%
June 30, 2023 31.08%
March 31, 2023 28.56%
December 31, 2022 27.36%
September 30, 2022 28.23%
June 30, 2022 30.30%
March 31, 2022 30.05%
December 31, 2021 29.97%
September 30, 2021 28.79%
June 30, 2021 30.89%
March 31, 2021 29.13%
December 31, 2020 27.93%
September 30, 2020 29.01%
June 30, 2020 31.44%
March 31, 2020 29.45%
December 31, 2019 27.19%
September 30, 2019 27.47%
June 30, 2019 31.03%
March 31, 2019 30.58%
December 31, 2018 28.18%
September 30, 2018 29.27%
June 30, 2018 30.71%
March 31, 2018 31.72%
December 31, 2017 29.83%
Date Value
September 30, 2017 29.63%
June 30, 2017 31.90%
March 31, 2017 32.20%
December 31, 2016 28.77%
September 30, 2016 29.07%
June 30, 2016 31.82%
March 31, 2016 31.29%
December 31, 2015 27.73%
September 30, 2015 27.95%
June 30, 2015 30.91%
March 31, 2015 30.16%
December 31, 2014 28.63%
September 30, 2014 28.74%
June 30, 2014 27.20%
March 31, 2014 29.42%
December 31, 2013 27.45%
September 30, 2013 22.04%
June 30, 2013 30.86%
March 31, 2013 30.75%
December 31, 2012 26.31%
September 30, 2012 26.45%
June 30, 2012 33.84%
March 31, 2012 31.63%
December 31, 2011 26.73%
September 30, 2011 26.06%

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

26.32%
Minimum
Sep 2023
31.44%
Maximum
Jun 2020
29.15%
Average
29.07%
Median

Gross Profit Margin (Quarterly) Benchmarks