Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 15.67%
March 31, 2024 16.67%
December 31, 2023 15.28%
September 30, 2023 15.96%
June 30, 2023 17.05%
March 31, 2023 16.12%
December 31, 2022 14.31%
September 30, 2022 12.29%
June 30, 2022 11.80%
March 31, 2022 15.58%
December 31, 2021 13.83%
September 30, 2021 12.90%
June 30, 2021 17.34%
March 31, 2021 17.39%
December 31, 2020 16.66%
September 30, 2020 18.39%
June 30, 2020 14.27%
March 31, 2020 13.30%
December 31, 2019 15.06%
September 30, 2019 14.01%
June 30, 2019 14.11%
March 31, 2019 14.55%
December 31, 2018 14.62%
September 30, 2018 14.50%
June 30, 2018 15.15%
Date Value
March 31, 2018 15.48%
December 31, 2017 15.61%
September 30, 2017 13.26%
June 30, 2017 12.41%
March 31, 2017 12.26%
December 31, 2016 12.67%
September 30, 2016 12.70%
June 30, 2016 13.62%
March 31, 2016 11.73%
December 31, 2015 12.26%
September 30, 2015 12.73%
June 30, 2015 11.95%
March 31, 2015 10.21%
December 31, 2014 12.25%
September 30, 2014 12.05%
June 30, 2014 12.24%
March 31, 2014 10.47%
December 31, 2013 11.82%
September 30, 2013 11.61%
June 30, 2013 10.34%
March 31, 2013 10.58%
December 31, 2012 9.93%
September 30, 2012 11.07%
June 30, 2012 11.79%
March 31, 2012 9.90%

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

11.80%
Minimum
Jun 2022
18.39%
Maximum
Sep 2020
15.26%
Average
15.58%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks