Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 22.88%
June 30, 2024 21.65%
March 31, 2024 23.57%
December 31, 2023 23.07%
September 30, 2023 23.66%
June 30, 2023 24.77%
March 31, 2023 25.32%
December 31, 2022 26.36%
September 30, 2022 27.30%
June 30, 2022 24.60%
March 31, 2022 25.64%
December 31, 2021 26.69%
September 30, 2021 25.01%
June 30, 2021 22.40%
March 31, 2021 23.12%
December 31, 2020 20.51%
September 30, 2020 20.75%
June 30, 2020 21.71%
March 31, 2020 20.33%
December 31, 2019 21.87%
September 30, 2019 21.76%
June 30, 2019 22.84%
March 31, 2019 23.14%
December 31, 2018 20.98%
September 30, 2018 20.46%
Date Value
June 30, 2018 20.89%
March 31, 2018 22.39%
December 31, 2017 22.52%
September 30, 2017 17.23%
June 30, 2017 20.29%
March 31, 2017 21.28%
December 31, 2016 21.52%
September 30, 2016 20.76%
June 30, 2016 17.96%
March 31, 2016 20.68%
December 31, 2015 20.06%
September 30, 2015 20.61%
June 30, 2015 19.69%
March 31, 2015 21.96%
December 31, 2014 21.64%
September 30, 2014 22.68%
June 30, 2014 22.79%
March 31, 2014 21.82%
December 31, 2013 22.82%
September 30, 2013 23.02%
June 30, 2013 21.94%
March 31, 2013 22.07%
December 31, 2012 23.19%
September 30, 2012 23.35%
June 30, 2012 20.25%

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

20.33%
Minimum
Mar 2020
27.30%
Maximum
Sep 2022
23.56%
Average
23.35%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics