Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 16.58%
September 30, 2023 17.38%
June 30, 2023 16.81%
March 31, 2023 13.09%
December 31, 2022 6.80%
September 30, 2022 10.60%
June 30, 2022 10.20%
March 31, 2022 8.52%
December 31, 2021 13.75%
September 30, 2021 15.03%
June 30, 2021 16.55%
March 31, 2021 15.06%
December 31, 2020 13.36%
September 30, 2020 16.97%
June 30, 2020 13.42%
March 31, 2020 12.57%
Date Value
December 31, 2019 12.97%
September 30, 2019 12.56%
June 30, 2019 13.97%
March 31, 2019 11.72%
December 31, 2018 9.60%
September 30, 2018 10.71%
June 30, 2018 10.32%
March 31, 2018 9.50%
December 31, 2017 8.26%
September 30, 2017 9.06%
June 30, 2017 7.66%
March 31, 2017 6.13%
December 31, 2016 2.28%
September 30, 2016 6.85%
June 30, 2016 6.98%
March 31, 2016 5.42%

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

6.80%
Minimum
Dec 2022
17.38%
Maximum
Sep 2023
13.40%
Average
13.39%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics