Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 24.93%
March 31, 2024 24.29%
December 31, 2023 23.42%
September 30, 2023 24.56%
June 30, 2023 24.87%
March 31, 2023 24.00%
December 31, 2022 23.41%
September 30, 2022 22.39%
June 30, 2022 26.21%
March 31, 2022 23.99%
December 31, 2021 22.51%
September 30, 2021 23.69%
June 30, 2021 24.19%
March 31, 2021 24.39%
December 31, 2020 23.34%
September 30, 2020 26.36%
June 30, 2020 23.10%
March 31, 2020 25.82%
December 31, 2019 23.54%
September 30, 2019 25.90%
June 30, 2019 26.38%
March 31, 2019 25.52%
December 31, 2018 25.24%
September 30, 2018 26.10%
June 30, 2018 23.48%
Date Value
March 31, 2018 21.54%
December 31, 2017 25.13%
September 30, 2017 25.37%
June 30, 2017 24.64%
March 31, 2017 24.67%
December 31, 2016 25.01%
September 30, 2016 25.77%
June 30, 2016 26.44%
March 31, 2016 24.61%
December 31, 2015 25.43%
September 30, 2015 26.15%
June 30, 2015 26.56%
March 31, 2015 25.38%
December 31, 2014 25.01%
September 30, 2014 26.26%
June 30, 2014 24.92%
March 31, 2014 24.94%
December 31, 2013 24.78%
September 30, 2013 25.34%
June 30, 2013 25.48%
March 31, 2013 24.40%
December 31, 2012 22.51%
September 30, 2012 25.30%
June 30, 2012 27.18%
March 31, 2012 26.79%

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

22.39%
Minimum
Sep 2022
26.36%
Maximum
Sep 2020
24.16%
Average
24.00%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics