Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 24.55%
June 30, 2024 25.35%
March 31, 2024 23.03%
December 31, 2023 21.02%
September 30, 2023 21.35%
June 30, 2023 25.13%
March 31, 2023 21.93%
December 31, 2022 15.84%
September 30, 2022 19.97%
June 30, 2022 24.07%
March 31, 2022 20.27%
December 31, 2021 20.75%
September 30, 2021 24.34%
June 30, 2021 25.67%
March 31, 2021 24.82%
December 31, 2020 24.06%
September 30, 2020 23.61%
June 30, 2020 19.28%
March 31, 2020 25.75%
December 31, 2019 22.54%
September 30, 2019 24.69%
June 30, 2019 24.93%
March 31, 2019 24.12%
December 31, 2018 19.61%
September 30, 2018 28.58%
Date Value
June 30, 2018 26.86%
March 31, 2018 22.29%
December 31, 2017 19.35%
September 30, 2017 27.22%
June 30, 2017 26.04%
March 31, 2017 26.27%
December 31, 2016 22.71%
September 30, 2016 27.15%
June 30, 2016 26.34%
March 31, 2016 28.35%
December 31, 2015 22.88%
September 30, 2015 28.40%
June 30, 2015 28.42%
March 31, 2015 26.85%
December 31, 2014 14.18%
September 30, 2014 26.36%
June 30, 2014 26.71%
March 31, 2014 25.81%
December 31, 2013 35.06%
September 30, 2013 29.47%
June 30, 2013 27.75%
March 31, 2013 26.70%
December 31, 2012 14.98%
September 30, 2012 23.24%
June 30, 2012 25.96%

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

15.84%
Minimum
Dec 2022
25.75%
Maximum
Mar 2020
22.67%
Average
23.32%
Median