Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.25%
March 31, 2024 19.02%
December 31, 2023 12.54%
September 30, 2023 16.68%
June 30, 2023 18.64%
March 31, 2023 18.69%
December 31, 2022 17.68%
September 30, 2022 18.76%
June 30, 2022 16.03%
March 31, 2022 14.47%
December 31, 2021 19.71%
September 30, 2021 18.60%
June 30, 2021 12.93%
March 31, 2021 17.86%
December 31, 2020 13.56%
September 30, 2020 19.51%
June 30, 2020 21.16%
March 31, 2020 27.03%
December 31, 2019 24.95%
September 30, 2019 26.18%
June 30, 2019 17.62%
March 31, 2019 22.17%
December 31, 2018 30.11%
September 30, 2018 26.09%
June 30, 2018 24.51%
Date Value
March 31, 2018 10.10%
December 31, 2017 19.71%
September 30, 2017 17.52%
June 30, 2017 24.24%
March 31, 2017 13.50%
December 31, 2016 7.32%
September 30, 2016 17.84%
June 30, 2016 17.18%
March 31, 2016 15.59%
December 31, 2015 17.89%
September 30, 2015 14.92%
June 30, 2015 15.16%
March 31, 2015 17.77%
December 31, 2014 19.33%
September 30, 2014 22.89%
June 30, 2014 18.95%
March 31, 2014 14.71%
December 31, 2013 19.49%
September 30, 2013 20.41%
June 30, 2013 12.80%
March 31, 2013 9.70%
December 31, 2012 5.04%
September 30, 2012 2.23%
June 30, 2012 12.40%
March 31, 2012 7.69%

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

12.54%
Minimum
Dec 2023
27.03%
Maximum
Mar 2020
18.16%
Average
18.60%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks