Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 16.06%
March 31, 2024 18.82%
June 30, 2023 17.28%
March 31, 2023 15.86%
December 31, 2022 19.12%
September 30, 2022 19.10%
June 30, 2022 22.90%
March 31, 2022 20.09%
December 31, 2021 15.05%
September 30, 2021 18.96%
June 30, 2021 18.20%
March 31, 2021 9.46%
December 31, 2020 12.08%
September 30, 2020 7.22%
June 30, 2020 3.05%
March 31, 2020 29.03%
December 31, 2019 13.36%
September 30, 2019 13.13%
June 30, 2019 14.41%
March 31, 2019 19.91%
December 31, 2018 15.41%
September 30, 2018 18.87%
June 30, 2018 10.98%
March 31, 2018 10.83%
December 31, 2017 19.93%
Date Value
September 30, 2017 18.19%
June 30, 2017 17.81%
March 31, 2017 16.66%
December 31, 2016 19.48%
September 30, 2016 18.79%
June 30, 2016 20.76%
March 31, 2016 19.96%
December 31, 2015 16.86%
September 30, 2015 17.48%
June 30, 2015 18.95%
March 31, 2015 23.70%
December 31, 2014 17.32%
September 30, 2014 19.53%
June 30, 2014 21.87%
March 31, 2014 21.65%
December 31, 2013 24.64%
September 30, 2013 19.23%
June 30, 2013 23.11%
March 31, 2013 22.18%
December 31, 2012 24.53%
September 30, 2012 25.25%
June 30, 2012 23.60%
March 31, 2012 23.11%
December 31, 2011 22.46%
September 30, 2011 21.23%

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

3.05%
Minimum
Jun 2020
29.03%
Maximum
Mar 2020
16.21%
Average
17.28%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks