Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 18.85%
March 31, 2024 17.47%
December 31, 2023 17.50%
September 30, 2023 17.23%
June 30, 2023 17.29%
March 31, 2023 17.51%
December 31, 2022 16.48%
September 30, 2022 14.79%
June 30, 2022 13.04%
March 31, 2022 16.23%
December 31, 2021 15.67%
September 30, 2021 15.20%
June 30, 2021 17.59%
March 31, 2021 29.97%
December 31, 2020 23.60%
September 30, 2020 26.79%
June 30, 2020 31.14%
March 31, 2020 21.24%
December 31, 2019 20.09%
September 30, 2019 21.10%
June 30, 2019 20.11%
March 31, 2019 21.87%
December 31, 2018 21.37%
September 30, 2018 18.40%
June 30, 2018 14.74%
Date Value
March 31, 2018 16.60%
December 31, 2017 15.95%
September 30, 2017 20.04%
June 30, 2017 17.53%
March 31, 2017 15.76%
December 31, 2016 15.92%
September 30, 2016 17.92%
June 30, 2016 18.87%
March 31, 2016 19.62%
December 31, 2015 23.50%
September 30, 2015 14.23%
June 30, 2015 15.02%
March 31, 2015 13.49%
December 31, 2014 10.38%
September 30, 2014 10.32%
June 30, 2014 9.49%
March 31, 2014 9.67%
December 31, 2013 8.82%
September 30, 2013 8.73%
June 30, 2013 9.78%
March 31, 2013 9.48%
December 31, 2012 9.99%
September 30, 2012 31.61%
June 30, 2012 37.77%
March 31, 2012 30.00%

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

13.04%
Minimum
Jun 2022
31.14%
Maximum
Jun 2020
19.35%
Average
17.50%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks