Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 40.46%
June 30, 2024 39.65%
March 31, 2024 38.71%
December 31, 2023 39.29%
September 30, 2023 37.53%
June 30, 2023 34.02%
March 31, 2023 30.95%
December 31, 2022 31.47%
September 30, 2022 31.90%
June 30, 2022 33.90%
March 31, 2022 33.18%
December 31, 2021 33.00%
September 30, 2021 33.54%
June 30, 2021 35.45%
March 31, 2021 36.29%
December 31, 2020 36.97%
September 30, 2020 35.86%
June 30, 2020 33.94%
March 31, 2020 32.90%
December 31, 2019 32.67%
September 30, 2019 34.25%
June 30, 2019 34.29%
March 31, 2019 35.89%
December 31, 2018 37.24%
September 30, 2018 38.31%
Date Value
June 30, 2018 38.93%
March 31, 2018 39.00%
December 31, 2017 39.93%
September 30, 2017 39.23%
June 30, 2017 39.63%
March 31, 2017 40.04%
December 31, 2016 40.23%
September 30, 2016 39.07%
June 30, 2016 39.21%
March 31, 2016 38.72%
December 31, 2015 37.98%
September 30, 2015 38.30%
June 30, 2015 38.53%
March 31, 2015 38.68%
December 31, 2014 38.35%
September 30, 2014 38.36%
June 30, 2014 37.19%
March 31, 2014 39.04%
December 31, 2013 38.92%
September 30, 2013 39.17%
June 30, 2013 39.66%
March 31, 2013 39.38%
December 31, 2012 38.40%
September 30, 2012 38.20%
June 30, 2012 36.86%

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

30.95%
Minimum
Mar 2023
40.46%
Maximum
Sep 2024
35.09%
Average
33.98%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics