Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.89%
March 31, 2024 24.50%
December 31, 2023 18.11%
September 30, 2023 19.09%
June 30, 2023 8.26%
March 31, 2023 19.65%
December 31, 2022 19.41%
September 30, 2022 23.03%
June 30, 2022 26.36%
March 31, 2022 25.33%
December 31, 2021 23.20%
September 30, 2021 26.16%
June 30, 2021 28.01%
March 31, 2021 29.65%
December 31, 2020 28.13%
September 30, 2020 31.35%
June 30, 2020 20.37%
March 31, 2020 28.76%
December 31, 2019 26.13%
September 30, 2019 29.84%
June 30, 2019 28.19%
March 31, 2019 24.39%
December 31, 2018 25.94%
September 30, 2018 29.64%
June 30, 2018 32.38%
Date Value
March 31, 2018 25.17%
December 31, 2017 31.28%
September 30, 2017 32.14%
June 30, 2017 34.87%
March 31, 2017 36.10%
December 31, 2016 38.10%
September 30, 2016 40.51%
June 30, 2016 42.13%
March 31, 2016 36.45%
December 31, 2015 37.86%
September 30, 2015 39.53%
June 30, 2015 41.25%
March 31, 2015 42.03%
December 31, 2014 43.04%
September 30, 2014 43.74%
June 30, 2014 41.03%
March 31, 2014 41.51%
December 31, 2013 42.95%
September 30, 2013 44.53%
June 30, 2013 49.81%
March 31, 2013 44.76%
December 31, 2012 41.80%
September 30, 2012 45.03%
June 30, 2012 43.03%
March 31, 2012 41.80%

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

8.26%
Minimum
Jun 2023
31.35%
Maximum
Sep 2020
23.60%
Average
24.50%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics