Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 26.63%
September 30, 2023 33.84%
June 30, 2023 33.47%
March 31, 2023 37.61%
December 31, 2022 31.71%
September 30, 2022 36.19%
June 30, 2022 37.33%
March 31, 2022 35.06%
December 31, 2021 29.22%
September 30, 2021 41.69%
June 30, 2021 30.82%
March 31, 2021 31.01%
December 31, 2020 29.66%
September 30, 2020 31.03%
June 30, 2020 30.65%
March 31, 2020 26.55%
December 31, 2019 23.91%
September 30, 2019 22.98%
June 30, 2019 22.43%
March 31, 2019 22.91%
December 31, 2018 22.91%
September 30, 2018 24.65%
June 30, 2018 26.00%
March 31, 2018 23.99%
December 31, 2017 26.24%
Date Value
September 30, 2017 24.90%
June 30, 2017 23.27%
March 31, 2017 22.50%
December 31, 2016 22.35%
September 30, 2016 24.62%
June 30, 2016 26.77%
March 31, 2016 23.34%
December 31, 2015 21.92%
September 30, 2015 21.37%
June 30, 2015 23.63%
March 31, 2015 21.42%
December 31, 2014 19.36%
September 30, 2014 25.84%
June 30, 2014 26.97%
March 31, 2014 24.31%
December 31, 2013 21.25%
September 30, 2013 21.94%
June 30, 2013 20.15%
March 31, 2013 22.33%
December 31, 2012 20.01%
September 30, 2012 25.32%
June 30, 2012 23.39%
March 31, 2012 24.78%
December 31, 2011 22.87%
September 30, 2011 23.92%

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

22.43%
Minimum
Jun 2019
41.69%
Maximum
Sep 2021
30.74%
Average
30.91%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics