Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 32.86%
March 31, 2024 30.32%
December 31, 2023 30.99%
September 30, 2023 29.14%
June 30, 2023 28.49%
March 31, 2023 33.88%
December 31, 2022 30.01%
September 30, 2022 32.99%
June 30, 2022 36.76%
March 31, 2022 38.86%
December 31, 2021 38.57%
September 30, 2021 38.56%
June 30, 2021 36.86%
March 31, 2021 37.02%
December 31, 2020 39.76%
September 30, 2020 39.36%
June 30, 2020 36.68%
March 31, 2020 39.22%
December 31, 2019 22.26%
September 30, 2019 36.17%
June 30, 2019 38.22%
March 31, 2019 37.16%
December 31, 2018 38.36%
September 30, 2018 39.41%
June 30, 2018 39.99%
Date Value
March 31, 2018 40.17%
December 31, 2017 38.87%
September 30, 2017 40.53%
June 30, 2017 39.74%
March 31, 2017 39.88%
December 31, 2016 40.66%
September 30, 2016 39.55%
June 30, 2016 38.35%
March 31, 2016 37.87%
December 31, 2015 37.27%
September 30, 2015 37.62%
June 30, 2015 38.13%
March 31, 2015 35.97%
December 31, 2014 35.66%
September 30, 2014 36.52%
June 30, 2014 33.16%
March 31, 2014 31.51%
December 31, 2013 31.09%
September 30, 2013 37.54%
June 30, 2013 35.64%
March 31, 2013 35.40%
December 31, 2012 37.78%
September 30, 2012 36.91%
June 30, 2012 47.92%
March 31, 2012 34.69%

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

22.26%
Minimum
Dec 2019
39.76%
Maximum
Dec 2020
34.35%
Average
36.68%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics