Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.42%
March 31, 2024 34.80%
December 31, 2023 32.49%
September 30, 2023 31.71%
June 30, 2023 30.69%
March 31, 2023 30.91%
December 31, 2022 30.65%
September 30, 2022 31.24%
June 30, 2022 30.33%
March 31, 2022 28.09%
December 31, 2021 25.99%
September 30, 2021 25.94%
June 30, 2021 24.91%
March 31, 2021 24.20%
December 31, 2020 22.57%
September 30, 2020 18.58%
June 30, 2020 21.35%
March 31, 2020 22.49%
December 31, 2019 20.41%
September 30, 2019 22.38%
June 30, 2019 21.77%
March 31, 2019 21.74%
December 31, 2018 21.08%
September 30, 2018 24.79%
June 30, 2018 20.58%
Date Value
March 31, 2018 19.11%
December 31, 2017 19.43%
September 30, 2017 19.65%
June 30, 2017 19.21%
March 31, 2017 19.98%
December 31, 2016 17.99%
September 30, 2016 17.53%
June 30, 2016 17.81%
March 31, 2016 17.74%
December 31, 2015 18.08%
September 30, 2015 17.69%
June 30, 2015 15.56%
March 31, 2015 16.75%
December 31, 2014 18.76%
September 30, 2014 18.52%
June 30, 2014 18.46%
March 31, 2014 17.91%
December 31, 2013 19.16%
September 30, 2013 18.17%
June 30, 2013 18.01%
March 31, 2013 18.50%
December 31, 2012 18.84%
September 30, 2012 18.26%
June 30, 2012 19.12%
March 31, 2012 18.74%

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

18.58%
Minimum
Sep 2020
34.80%
Maximum
Mar 2024
27.41%
Average
28.09%
Median
Mar 2022