Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 30.93%
March 31, 2024 30.02%
December 31, 2023 30.18%
September 30, 2023 29.95%
June 30, 2023 30.80%
March 31, 2023 29.47%
December 31, 2022 27.38%
September 30, 2022 28.82%
June 30, 2022 28.35%
March 31, 2022 29.71%
December 31, 2021 28.88%
September 30, 2021 30.03%
June 30, 2021 29.85%
March 31, 2021 29.17%
December 31, 2020 26.95%
September 30, 2020 27.84%
June 30, 2020 27.88%
March 31, 2020 27.61%
December 31, 2019 27.60%
September 30, 2019 28.33%
June 30, 2019 27.60%
March 31, 2019 27.05%
December 31, 2018 28.77%
September 30, 2018 27.29%
June 30, 2018 27.35%
Date Value
March 31, 2018 26.74%
December 31, 2017 26.79%
September 30, 2017 26.58%
June 30, 2017 27.50%
March 31, 2017 27.05%
December 31, 2016 27.24%
September 30, 2016 27.74%
June 30, 2016 27.95%
March 31, 2016 27.14%
December 31, 2015 27.61%
September 30, 2015 28.28%
June 30, 2015 28.21%
March 31, 2015 28.70%
December 31, 2014 27.89%
September 30, 2014 29.30%
June 30, 2014 29.10%
March 31, 2014 29.18%
December 31, 2013 30.15%
September 30, 2013 29.46%
June 30, 2013 29.72%
March 31, 2013 30.72%
December 31, 2012 29.86%
September 30, 2012 28.80%
June 30, 2012 29.26%
March 31, 2012 28.33%

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

26.95%
Minimum
Dec 2020
30.93%
Maximum
Jun 2024
29.02%
Average
29.17%
Median
Mar 2021