Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 20.53%
June 30, 2024 21.10%
March 31, 2024 22.05%
December 31, 2023 24.31%
September 30, 2023 24.67%
June 30, 2023 24.21%
March 31, 2023 24.25%
December 31, 2022 26.36%
September 30, 2022 24.64%
June 30, 2022 22.85%
March 31, 2022 23.06%
Date Value
December 31, 2021 21.84%
September 30, 2021 18.26%
June 30, 2021 12.45%
March 31, 2021 25.82%
December 31, 2020 27.71%
September 30, 2020 22.57%
June 30, 2020 23.86%
March 31, 2020 26.18%
December 31, 2019 31.44%
September 30, 2019 34.05%

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

12.45%
Minimum
Jun 2021
31.44%
Maximum
Dec 2019
23.41%
Average
24.04%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics