Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.11%
March 31, 2024 25.46%
December 31, 2023 31.56%
September 30, 2023 31.27%
June 30, 2023 28.06%
March 31, 2023 30.87%
December 31, 2022 27.90%
September 30, 2022 27.85%
June 30, 2022 32.70%
March 31, 2022 28.73%
December 31, 2021 27.83%
September 30, 2021 31.61%
June 30, 2021 31.19%
March 31, 2021 30.72%
December 31, 2020 25.74%
September 30, 2020 25.78%
June 30, 2020 30.95%
March 31, 2020 32.28%
December 31, 2019 30.12%
September 30, 2019 31.90%
June 30, 2019 32.43%
March 31, 2019 30.87%
December 31, 2018 28.98%
September 30, 2018 31.95%
June 30, 2018 34.69%
Date Value
March 31, 2018 33.45%
December 31, 2017 29.63%
September 30, 2017 30.37%
June 30, 2017 31.69%
March 31, 2017 32.34%
December 31, 2016 34.47%
September 30, 2016 33.09%
June 30, 2016 31.31%
March 31, 2016 30.30%
December 31, 2015 29.43%
September 30, 2015 30.63%
June 30, 2015 31.68%
March 31, 2015 30.71%
December 31, 2014 31.30%
September 30, 2014 30.76%
June 30, 2014 32.08%
March 31, 2014 30.06%
December 31, 2013 28.78%
September 30, 2013 31.04%
June 30, 2013 31.66%
March 31, 2013 28.06%
December 31, 2012 28.42%
September 30, 2012 29.65%
June 30, 2012 29.39%
March 31, 2012 29.43%

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

25.46%
Minimum
Mar 2024
32.70%
Maximum
Jun 2022
29.56%
Average
30.72%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics