Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.26%
March 31, 2024 29.60%
December 31, 2023 23.46%
September 30, 2023 32.17%
June 30, 2023 27.99%
March 31, 2023 25.36%
December 31, 2022 20.16%
September 30, 2022 24.41%
June 30, 2022 23.95%
March 31, 2022 21.70%
December 31, 2021 19.62%
September 30, 2021 26.00%
June 30, 2021 22.68%
March 31, 2021 25.65%
December 31, 2020 24.27%
September 30, 2020 29.01%
June 30, 2020 29.90%
March 31, 2020 29.09%
December 31, 2019 29.30%
September 30, 2019 31.06%
June 30, 2019 30.13%
March 31, 2019 24.85%
December 31, 2018 23.75%
September 30, 2018 23.82%
June 30, 2018 25.34%
Date Value
March 31, 2018 29.44%
December 31, 2017 31.41%
September 30, 2017 36.06%
June 30, 2017 34.71%
March 31, 2017 35.02%
December 31, 2016 33.95%
September 30, 2016 40.05%
June 30, 2016 44.17%
March 31, 2016 38.06%
December 31, 2015 31.45%
September 30, 2015 27.78%
June 30, 2015 33.52%
March 31, 2015 25.34%
December 31, 2014 22.69%
September 30, 2014 29.33%
June 30, 2014 31.21%
March 31, 2014 29.50%
September 30, 2013 29.64%
June 30, 2013 28.13%
March 31, 2013 12.16%
December 31, 2012 12.59%
September 30, 2012 31.48%
June 30, 2012 27.47%
March 31, 2012 10.08%
December 31, 2011 10.14%

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

19.62%
Minimum
Dec 2021
33.26%
Maximum
Jun 2024
26.19%
Average
25.65%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks