Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.21%
March 31, 2024 21.33%
December 31, 2023 24.45%
September 30, 2023 28.91%
June 30, 2023 31.36%
March 31, 2023 31.76%
December 31, 2022 35.32%
September 30, 2022 34.37%
June 30, 2022 32.02%
March 31, 2022 32.75%
December 31, 2021 33.02%
September 30, 2021 35.73%
June 30, 2021 34.19%
March 31, 2021 34.29%
December 31, 2020 35.21%
Date Value
September 30, 2020 34.60%
June 30, 2020 30.16%
March 31, 2020 38.77%
December 31, 2019 8.94%
September 30, 2019 36.02%
June 30, 2019 33.83%
March 31, 2019 34.20%
December 31, 2018 35.40%
September 30, 2018 33.86%
June 30, 2018 34.84%
March 31, 2018 33.41%
December 31, 2017 32.01%
September 30, 2017 31.91%
June 30, 2017 32.34%
March 31, 2017 31.54%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

8.94%
Minimum
Dec 2019
38.77%
Maximum
Mar 2020
30.49%
Average
32.75%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks