Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.28%
March 31, 2024 28.41%
December 31, 2023 31.08%
September 30, 2023 31.06%
June 30, 2023 30.89%
March 31, 2023 29.32%
December 31, 2022 32.37%
September 30, 2022 32.61%
June 30, 2022 29.17%
March 31, 2022 33.35%
December 31, 2021 34.33%
September 30, 2021 33.91%
June 30, 2021 33.77%
March 31, 2021 33.49%
December 31, 2020 35.62%
September 30, 2020 35.09%
June 30, 2020 33.66%
March 31, 2020 34.94%
December 31, 2019 35.20%
September 30, 2019 35.81%
June 30, 2019 35.47%
March 31, 2019 33.88%
December 31, 2018 36.82%
September 30, 2018 35.69%
June 30, 2018 35.11%
Date Value
March 31, 2018 34.54%
December 31, 2017 36.36%
September 30, 2017 36.59%
June 30, 2017 36.92%
March 31, 2017 36.01%
December 31, 2016 36.78%
September 30, 2016 36.04%
June 30, 2016 36.31%
March 31, 2016 36.71%
December 31, 2015 39.18%
September 30, 2015 37.10%
June 30, 2015 38.35%
March 31, 2015 37.07%
December 31, 2014 39.92%
September 30, 2014 36.45%
June 30, 2014 36.97%
March 31, 2014 36.12%
December 31, 2013 38.05%
September 30, 2013 36.83%
June 30, 2013 37.27%
March 31, 2013 37.25%
December 31, 2012 38.44%
September 30, 2012 37.23%
June 30, 2012 38.53%
March 31, 2012 36.24%

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

28.41%
Minimum
Mar 2024
35.62%
Maximum
Dec 2020
32.50%
Average
33.35%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics