Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 19.97%
March 31, 2024 17.03%
December 31, 2023 14.83%
September 30, 2023 17.62%
June 30, 2023 21.04%
March 31, 2023 17.83%
December 31, 2022 13.29%
September 30, 2022 13.09%
June 30, 2022 13.21%
March 31, 2022 16.01%
December 31, 2021 11.58%
September 30, 2021 7.92%
June 30, 2021 17.07%
March 31, 2021 17.46%
December 31, 2020 16.42%
September 30, 2020 18.10%
June 30, 2020 7.68%
March 31, 2020 16.82%
December 31, 2019 6.02%
September 30, 2019 8.69%
June 30, 2019 10.45%
March 31, 2019 4.36%
December 31, 2018 8.88%
September 30, 2018 7.52%
June 30, 2018 11.51%
Date Value
March 31, 2018 12.51%
December 31, 2017 12.95%
September 30, 2017 14.94%
June 30, 2017 15.50%
March 31, 2017 17.63%
December 31, 2016 14.55%
September 30, 2016 13.50%
June 30, 2016 16.21%
March 31, 2016 19.49%
December 31, 2015 17.04%
September 30, 2015 17.30%
June 30, 2015 20.02%
March 31, 2015 18.20%
December 31, 2014 17.55%
September 30, 2014 18.69%
June 30, 2014 16.48%
March 31, 2014 16.18%
December 31, 2013 14.14%
September 30, 2013 17.02%
June 30, 2013 17.27%
March 31, 2013 17.14%
December 31, 2012 17.37%
September 30, 2012 13.24%
June 30, 2012 15.77%
March 31, 2012 17.14%

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

6.02%
Minimum
Dec 2019
21.04%
Maximum
Jun 2023
14.89%
Average
16.42%
Median
Dec 2020