Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.48%
March 31, 2024 34.42%
December 31, 2023
September 30, 2023 34.15%
June 30, 2023 35.81%
March 31, 2023 37.86%
December 31, 2022 87.58%
September 30, 2022 30.92%
June 30, 2022 29.70%
March 31, 2022 28.55%
December 31, 2021
September 30, 2021 31.02%
June 30, 2021 30.81%
March 31, 2021 32.44%
December 31, 2020 33.54%
September 30, 2020 33.92%
June 30, 2020 31.20%
March 31, 2020 31.54%
December 31, 2019 32.03%
September 30, 2019 25.62%
June 30, 2019 25.71%
March 31, 2019 36.20%
December 31, 2018 34.85%
September 30, 2018 35.61%
June 30, 2018 36.87%
Date Value
March 31, 2018 36.72%
December 31, 2017 31.36%
September 30, 2017 37.97%
June 30, 2017 40.18%
March 31, 2017 39.90%
December 31, 2016 41.19%
September 30, 2016 41.95%
June 30, 2016 42.38%
March 31, 2016 39.08%
December 31, 2015 34.92%
September 30, 2015 34.84%
June 30, 2015 36.28%
March 31, 2015 35.52%
December 31, 2014 34.48%
September 30, 2014 36.23%
June 30, 2014 38.61%
March 31, 2014 36.12%
December 31, 2013 34.47%
September 30, 2013 34.93%
June 30, 2013 35.48%
March 31, 2013 32.94%
December 31, 2012 32.70%
September 30, 2012 33.87%
June 30, 2012 31.45%

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

28.55%
Minimum
Mar 2022
87.58%
Maximum
Dec 2022
36.18%
Average
32.44%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics