Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.70%
March 31, 2024 19.78%
December 31, 2023 21.16%
September 30, 2023 20.61%
June 30, 2023 21.26%
March 31, 2023 22.02%
December 31, 2022 19.27%
September 30, 2022 20.55%
June 30, 2022 15.62%
March 31, 2022 21.42%
December 31, 2021 20.03%
September 30, 2021 22.18%
June 30, 2021 24.34%
March 31, 2021 25.20%
December 31, 2020 24.95%
September 30, 2020 26.54%
June 30, 2020 16.51%
March 31, 2020 23.56%
December 31, 2019 22.58%
September 30, 2019 23.90%
June 30, 2019 24.33%
March 31, 2019 24.37%
December 31, 2018 24.56%
September 30, 2018 24.26%
June 30, 2018 25.84%
Date Value
March 31, 2018 25.34%
December 31, 2017 26.01%
September 30, 2017 25.67%
June 30, 2017 25.65%
March 31, 2017 26.04%
December 31, 2016 26.22%
September 30, 2016 25.79%
June 30, 2016 27.78%
March 31, 2016 26.41%
December 31, 2015 25.63%
September 30, 2015 26.10%
June 30, 2015 26.67%
March 31, 2015 25.32%
December 31, 2014 24.86%
September 30, 2014 25.67%
June 30, 2014 24.95%
March 31, 2014 24.98%
December 31, 2013 23.33%
September 30, 2013 24.45%
June 30, 2013 23.52%
March 31, 2013 22.27%
December 31, 2012 21.58%
September 30, 2012 22.10%
June 30, 2012 21.96%
March 31, 2012 21.36%

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

15.62%
Minimum
Jun 2022
26.54%
Maximum
Sep 2020
21.59%
Average
21.42%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks