Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.04%
March 31, 2024 36.02%
December 31, 2023 41.65%
September 30, 2023 38.93%
June 30, 2023 43.68%
March 31, 2023 30.38%
December 31, 2022 33.96%
September 30, 2022 41.91%
June 30, 2022 32.28%
March 31, 2022 30.56%
December 31, 2021 45.99%
September 30, 2021 39.96%
June 30, 2021 42.71%
March 31, 2021 44.81%
December 31, 2020 41.93%
September 30, 2020 40.48%
June 30, 2020 43.14%
March 31, 2020 42.05%
December 31, 2019 45.21%
September 30, 2019 38.79%
June 30, 2019 45.83%
March 31, 2019 46.21%
December 31, 2018 40.28%
September 30, 2018 40.38%
June 30, 2018 36.27%
Date Value
March 31, 2018 39.69%
December 31, 2017 38.81%
September 30, 2017 39.77%
June 30, 2017 40.02%
March 31, 2017 43.02%
December 31, 2016 20.34%
September 30, 2016 29.97%
June 30, 2016 38.09%
March 31, 2016 37.41%
December 31, 2015 36.47%
September 30, 2015 34.14%
June 30, 2015 38.75%
March 31, 2015 39.58%
December 31, 2014 47.05%
September 30, 2014 47.21%
June 30, 2014 46.37%
March 31, 2014 40.47%
December 31, 2013 49.95%
September 30, 2013 47.17%
June 30, 2013 44.40%
March 31, 2013 38.18%
December 31, 2012 29.69%
September 30, 2012 37.81%
June 30, 2012 22.85%
March 31, 2012 39.72%

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

30.38%
Minimum
Mar 2023
49.04%
Maximum
Jun 2024
40.25%
Average
41.91%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks