Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 35.21%
March 31, 2024 35.63%
December 31, 2023 34.73%
September 30, 2023 35.33%
June 30, 2023 34.95%
March 31, 2023 34.97%
December 31, 2022 36.17%
September 30, 2022 35.59%
June 30, 2022 35.51%
March 31, 2022 35.28%
December 31, 2021 35.12%
September 30, 2021 34.94%
June 30, 2021 35.35%
March 31, 2021 34.63%
December 31, 2020 32.92%
September 30, 2020 33.18%
June 30, 2020 33.57%
March 31, 2020 34.73%
December 31, 2019 34.13%
September 30, 2019 35.25%
June 30, 2019 35.12%
March 31, 2019 35.41%
December 31, 2018 34.53%
September 30, 2018 34.68%
June 30, 2018 35.09%
Date Value
March 31, 2018 34.84%
December 31, 2017 34.21%
September 30, 2017 35.04%
June 30, 2017 34.97%
March 31, 2017 35.64%
December 31, 2016 34.97%
September 30, 2016 35.03%
June 30, 2016 35.36%
March 31, 2016 35.19%
December 31, 2015 35.37%
September 30, 2015 34.92%
June 30, 2015 34.75%
March 31, 2015 35.68%
December 31, 2014 36.73%
September 30, 2014 35.40%
June 30, 2014 35.22%
March 31, 2014 34.96%
December 31, 2013 35.49%
September 30, 2013 35.40%
June 30, 2013 35.02%
March 31, 2013 35.32%
December 31, 2012 35.18%
September 30, 2012 35.59%
June 30, 2012 35.68%
March 31, 2012 35.90%

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

32.92%
Minimum
Dec 2020
36.17%
Maximum
Dec 2022
34.84%
Average
34.97%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics