Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 28.90%
June 30, 2024 30.32%
March 31, 2024 29.50%
December 31, 2023 30.96%
September 30, 2023 30.24%
June 30, 2023 30.05%
March 31, 2023 29.66%
December 31, 2022 30.59%
September 30, 2022 31.99%
June 30, 2022 33.05%
March 31, 2022 33.70%
December 31, 2021 35.18%
September 30, 2021 36.07%
June 30, 2021 36.85%
March 31, 2021 33.41%
December 31, 2020 33.34%
September 30, 2020 31.76%
June 30, 2020 30.41%
March 31, 2020 29.46%
December 31, 2019 24.94%
Date Value
September 30, 2019 24.39%
June 30, 2019 27.81%
March 31, 2019 28.02%
December 31, 2018 28.05%
September 30, 2018 28.49%
June 30, 2018 28.61%
March 31, 2018 28.52%
December 31, 2017 29.56%
September 30, 2017 28.75%
June 30, 2017 29.13%
March 31, 2017 28.58%
December 31, 2016 28.79%
September 30, 2016 28.32%
June 30, 2016 28.18%
March 31, 2016 27.85%
December 31, 2015 28.18%
September 30, 2015 26.94%
June 30, 2015 27.29%
March 31, 2015 27.61%

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

24.94%
Minimum
Dec 2019
36.85%
Maximum
Jun 2021
31.52%
Average
30.77%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics