Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 9.84%
June 30, 2024 12.13%
March 31, 2024 11.86%
December 31, 2023 9.18%
September 30, 2023 10.61%
June 30, 2023 13.53%
March 31, 2023 10.31%
December 31, 2022 10.14%
September 30, 2022 12.28%
June 30, 2022 17.65%
March 31, 2022 18.75%
December 31, 2021 18.00%
September 30, 2021 21.74%
June 30, 2021 22.65%
Date Value
March 31, 2021 15.32%
December 31, 2020 14.67%
September 30, 2020 13.81%
June 30, 2020 8.91%
March 31, 2020 15.76%
December 31, 2019 14.56%
September 30, 2019 12.89%
June 30, 2019 14.47%
March 31, 2019 16.66%
December 31, 2018 15.46%
September 30, 2018 17.24%
June 30, 2018 17.59%
March 31, 2018 22.46%

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

8.91%
Minimum
Jun 2020
22.65%
Maximum
Jun 2021
14.09%
Average
13.67%
Median

Gross Profit Margin (Quarterly) Benchmarks