Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 21.05%
March 31, 2024 21.54%
December 31, 2023 18.98%
September 30, 2023 20.34%
June 30, 2023 22.02%
March 31, 2023 18.42%
December 31, 2022 15.90%
September 30, 2022 13.22%
June 30, 2022 12.79%
March 31, 2022 13.79%
December 31, 2021 13.18%
September 30, 2021 14.68%
June 30, 2021 16.46%
March 31, 2021 18.48%
December 31, 2020 21.77%
September 30, 2020 23.97%
June 30, 2020 27.55%
March 31, 2020 19.25%
December 31, 2019 23.68%
September 30, 2019 17.40%
June 30, 2019 14.64%
March 31, 2019 14.74%
December 31, 2018 13.85%
September 30, 2018 13.04%
June 30, 2018 17.36%
Date Value
March 31, 2018 13.72%
December 31, 2017 14.07%
September 30, 2017 15.24%
June 30, 2017 14.83%
March 31, 2017 14.29%
December 31, 2016 15.44%
September 30, 2016 17.26%
June 30, 2016 17.48%
March 31, 2016 20.45%
December 31, 2015 19.52%
September 30, 2015 17.61%
June 30, 2015 16.29%
March 31, 2015 20.38%
December 31, 2014 19.86%
September 30, 2014 21.50%
June 30, 2014 20.66%
March 31, 2014 18.94%
December 31, 2013 18.75%
September 30, 2013 14.27%
June 30, 2013 13.41%
March 31, 2013 15.91%
December 31, 2012 9.85%
September 30, 2012 12.29%
June 30, 2012 14.56%
March 31, 2012 18.17%

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

12.79%
Minimum
Jun 2022
27.55%
Maximum
Jun 2020
18.79%
Average
18.98%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks