Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 24.30%
March 31, 2024 20.49%
December 31, 2023 24.14%
September 30, 2023 25.26%
June 30, 2023 25.12%
March 31, 2023 19.88%
December 31, 2022 23.79%
September 30, 2022 28.00%
June 30, 2022 22.88%
March 31, 2022 19.17%
December 31, 2021 23.13%
September 30, 2021 24.62%
June 30, 2021 24.45%
March 31, 2021 22.25%
December 31, 2020 23.85%
September 30, 2020 26.63%
June 30, 2020 23.59%
March 31, 2020 21.25%
December 31, 2019 26.81%
September 30, 2019 28.22%
June 30, 2019 29.20%
March 31, 2019 23.62%
December 31, 2018 24.94%
September 30, 2018 30.31%
June 30, 2018 28.12%
Date Value
March 31, 2018 23.41%
December 31, 2017 28.99%
September 30, 2017 29.95%
June 30, 2017 27.93%
March 31, 2017 22.93%
December 31, 2016 25.80%
September 30, 2016 30.21%
June 30, 2016 28.15%
March 31, 2016 24.28%
December 31, 2015 22.88%
September 30, 2015 27.17%
June 30, 2015 27.58%
March 31, 2015 22.03%
December 31, 2014 23.66%
September 30, 2014 23.60%
June 30, 2014 21.18%
March 31, 2014 19.17%
December 31, 2013 21.70%
September 30, 2013 22.10%
June 30, 2013 15.42%
March 31, 2013 13.90%
December 31, 2012 15.89%
September 30, 2012 17.83%
June 30, 2012 17.12%
March 31, 2012 14.72%

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

19.17%
Minimum
Mar 2022
28.00%
Maximum
Sep 2022
23.66%
Average
23.85%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks