Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.52%
March 31, 2024 38.19%
December 31, 2023 37.26%
September 30, 2023 37.89%
June 30, 2023 37.90%
March 31, 2023 37.03%
December 31, 2022 38.99%
September 30, 2022 36.12%
June 30, 2022 39.01%
March 31, 2022 34.78%
December 31, 2021 36.82%
September 30, 2021 36.51%
June 30, 2021 37.86%
March 31, 2021 39.48%
December 31, 2020 39.82%
September 30, 2020 36.93%
June 30, 2020 40.00%
March 31, 2020 40.14%
December 31, 2019 40.89%
September 30, 2019 40.03%
June 30, 2019 38.06%
March 31, 2019 34.90%
Date Value
December 31, 2018 48.17%
September 30, 2018 45.49%
June 30, 2018 44.83%
March 31, 2018 45.01%
December 31, 2017 48.54%
September 30, 2017 45.97%
June 30, 2017 42.47%
March 31, 2017 46.77%
December 31, 2016 48.53%
September 30, 2016 43.32%
June 30, 2016 42.58%
March 31, 2016 42.40%
December 31, 2015 45.34%
September 30, 2015 45.88%
June 30, 2015 45.63%
March 31, 2015 47.21%
December 31, 2014 46.64%
September 30, 2014 48.22%
June 30, 2014 46.71%
March 31, 2014 43.33%
December 31, 2013 46.01%

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

34.78%
Minimum
Mar 2022
40.89%
Maximum
Dec 2019
38.17%
Average
37.90%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks