Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.63%
March 31, 2024 38.85%
December 31, 2023 38.55%
September 30, 2023 39.69%
June 30, 2023 40.79%
March 31, 2023 37.90%
December 31, 2022 38.50%
September 30, 2022 39.83%
June 30, 2022 38.62%
March 31, 2022 37.36%
December 31, 2021 38.81%
September 30, 2021 37.58%
June 30, 2021 37.37%
March 31, 2021 37.58%
December 31, 2020 38.76%
September 30, 2020 36.45%
June 30, 2020 37.63%
March 31, 2020 37.26%
December 31, 2019 37.85%
September 30, 2019 40.44%
June 30, 2019 41.08%
March 31, 2019 39.53%
December 31, 2018 37.29%
September 30, 2018 49.14%
June 30, 2018 36.11%
Date Value
March 31, 2018 35.71%
December 31, 2017 35.60%
September 30, 2017 37.31%
June 30, 2017 36.41%
March 31, 2017 34.62%
December 31, 2016 36.52%
September 30, 2016 39.79%
June 30, 2016 38.23%
March 31, 2016 36.57%
December 31, 2015 39.74%
September 30, 2015 35.47%
June 30, 2015 38.18%
March 31, 2015 37.07%
December 31, 2014 40.59%
September 30, 2014 38.83%
June 30, 2014 39.00%
March 31, 2014 37.93%
December 31, 2013 40.31%
September 30, 2013 40.07%
June 30, 2013 40.51%
March 31, 2013 38.25%
December 31, 2012 39.60%
September 30, 2012 37.67%
June 30, 2012 39.34%
March 31, 2012 39.05%

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

36.45%
Minimum
Sep 2020
40.79%
Maximum
Jun 2023
38.37%
Average
38.50%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks