Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.96%
March 31, 2024 24.08%
December 31, 2023 23.50%
September 30, 2023 24.45%
June 30, 2023 25.60%
March 31, 2023 25.94%
December 31, 2022 25.27%
September 30, 2022 24.17%
June 30, 2022 26.07%
March 31, 2022 24.17%
December 31, 2021 25.73%
September 30, 2021 26.63%
June 30, 2021 26.04%
March 31, 2021 25.16%
December 31, 2020 25.97%
September 30, 2020 20.93%
June 30, 2020 25.99%
March 31, 2020 27.01%
December 31, 2019 21.51%
September 30, 2019 25.99%
June 30, 2019 27.11%
March 31, 2019 27.17%
December 31, 2018 21.79%
September 30, 2018 28.59%
June 30, 2018 28.02%
Date Value
March 31, 2018 28.76%
December 31, 2017 28.58%
September 30, 2017 31.34%
June 30, 2017 29.61%
March 31, 2017 29.52%
December 31, 2016 30.04%
September 30, 2016 29.51%
June 30, 2016 29.35%
March 31, 2016 29.43%
December 31, 2015 28.57%
September 30, 2015 29.20%
June 30, 2015 29.25%
March 31, 2015 28.47%
December 31, 2014 27.00%
September 30, 2014 28.09%
June 30, 2014 28.37%
March 31, 2014 28.30%
December 31, 2013 27.30%
September 30, 2013 28.39%
June 30, 2013 28.90%
March 31, 2013 28.33%
December 31, 2012 28.32%
September 30, 2012 28.26%
June 30, 2012 28.03%
March 31, 2012 28.34%

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

20.93%
Minimum
Sep 2020
27.01%
Maximum
Mar 2020
24.85%
Average
25.27%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks