Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 25.14%
March 31, 2024 25.89%
December 31, 2023 26.56%
September 30, 2023 26.84%
June 30, 2023 21.06%
March 31, 2023 22.91%
December 31, 2022 24.84%
September 30, 2022 26.23%
June 30, 2022 26.92%
March 31, 2022 20.48%
December 31, 2021 21.96%
September 30, 2021 21.52%
June 30, 2021 21.14%
March 31, 2021 24.73%
December 31, 2020 21.34%
September 30, 2020 18.46%
June 30, 2020 21.76%
March 31, 2020 20.52%
December 31, 2019 24.70%
September 30, 2019 22.69%
June 30, 2019 16.07%
March 31, 2019 13.85%
December 31, 2018 18.45%
September 30, 2018 18.14%
June 30, 2018 17.20%
Date Value
March 31, 2018 17.80%
December 31, 2017 21.36%
September 30, 2017 18.47%
June 30, 2017 16.80%
March 31, 2017 16.49%
December 31, 2016 19.17%
September 30, 2016 17.67%
June 30, 2016 14.72%
March 31, 2016 18.25%
December 31, 2015 14.70%
September 30, 2015 14.44%
June 30, 2015 17.19%
March 31, 2015 18.12%
December 31, 2014 18.19%
September 30, 2014 18.39%
June 30, 2014 17.18%
March 31, 2014 17.77%
December 31, 2013 21.33%
September 30, 2013 17.43%
June 30, 2013 12.14%
March 31, 2013 18.13%
December 31, 2012 19.62%
September 30, 2012 21.35%
June 30, 2012 14.04%
March 31, 2012 20.50%

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

18.46%
Minimum
Sep 2020
26.92%
Maximum
Jun 2022
23.32%
Average
22.91%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics