Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 25.88%
March 31, 2024 23.30%
December 31, 2023
June 30, 2023 24.42%
March 31, 2023 24.39%
December 31, 2022 22.44%
September 30, 2022 23.91%
June 30, 2022 18.88%
March 31, 2022 22.33%
December 31, 2021 24.37%
September 30, 2021 27.14%
June 30, 2021 26.70%
March 31, 2021 28.94%
December 31, 2020 25.00%
September 30, 2020 28.55%
June 30, 2020 27.80%
March 31, 2020 24.90%
December 31, 2019 23.48%
September 30, 2019 25.16%
June 30, 2019 24.27%
March 31, 2019 23.94%
December 31, 2018 16.27%
September 30, 2018 20.46%
June 30, 2018 19.69%
March 31, 2018 22.40%
Date Value
December 31, 2017 22.52%
September 30, 2017 21.38%
June 30, 2017 20.97%
March 31, 2017 21.99%
December 31, 2016 17.71%
September 30, 2016 20.10%
June 30, 2016 26.74%
March 31, 2016 27.24%
December 31, 2015 28.13%
September 30, 2015 25.49%
June 30, 2015 26.49%
March 31, 2015 27.71%
December 31, 2014 32.06%
September 30, 2014 26.12%
June 30, 2014 25.47%
March 31, 2014 23.84%
December 31, 2013 23.44%
September 30, 2013 24.50%
June 30, 2013 22.26%
March 31, 2013 20.52%
December 31, 2012 21.72%
September 30, 2012 24.17%
June 30, 2012 24.75%
March 31, 2012 27.67%
December 31, 2011 25.55%

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

18.88%
Minimum
Jun 2022
28.94%
Maximum
Mar 2021
24.85%
Average
24.42%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics