Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 18.13%
March 31, 2024 17.04%
December 31, 2023 16.08%
September 30, 2023 16.29%
June 30, 2023 17.33%
March 31, 2023 17.33%
December 31, 2022 15.35%
September 30, 2022 10.47%
June 30, 2022 15.00%
March 31, 2022 13.51%
December 31, 2021 18.71%
September 30, 2021 21.14%
June 30, 2021 23.59%
March 31, 2021 20.77%
December 31, 2020 21.49%
September 30, 2020 19.95%
June 30, 2020 26.42%
March 31, 2020 28.45%
December 31, 2019 50.57%
September 30, 2019 51.11%
June 30, 2019 54.13%
March 31, 2019 55.98%
December 31, 2018 58.83%
September 30, 2018 58.42%
June 30, 2018 60.30%
Date Value
March 31, 2018 60.80%
December 31, 2017 62.36%
September 30, 2017 60.74%
June 30, 2017 61.21%
March 31, 2017 61.80%
December 31, 2016 63.17%
September 30, 2016 60.85%
June 30, 2016 62.71%
March 31, 2016 62.09%
December 31, 2015 62.15%
September 30, 2015 62.03%
June 30, 2015 62.17%
March 31, 2015 62.47%
December 31, 2014 63.33%
September 30, 2014 61.86%
June 30, 2014 61.40%
March 31, 2014 59.37%
December 31, 2013 61.57%
September 30, 2013 60.09%
June 30, 2013 60.15%
March 31, 2013 60.58%
December 31, 2012 62.14%
September 30, 2012 70.02%
June 30, 2012 72.42%
March 31, 2012 72.89%

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

10.47%
Minimum
Sep 2022
50.57%
Maximum
Dec 2019
20.40%
Average
18.13%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics