Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 30.36%
March 31, 2024 30.71%
December 31, 2023 28.90%
September 30, 2023 29.17%
June 30, 2023 29.55%
March 31, 2023 28.25%
December 31, 2022 30.02%
September 30, 2022 29.37%
June 30, 2022 26.80%
March 31, 2022 28.42%
December 31, 2021 27.69%
September 30, 2021 27.67%
June 30, 2021 25.37%
March 31, 2021 25.24%
December 31, 2020 25.16%
September 30, 2020 23.04%
June 30, 2020 24.75%
March 31, 2020 23.42%
December 31, 2019 21.12%
September 30, 2019 24.85%
June 30, 2019 24.47%
March 31, 2019 22.64%
December 31, 2018 22.48%
September 30, 2018 22.41%
June 30, 2018 25.25%
Date Value
March 31, 2018 25.58%
December 31, 2017 22.78%
September 30, 2017 23.40%
June 30, 2017 21.44%
March 31, 2017 22.63%
December 31, 2016 21.16%
September 30, 2016 21.33%
June 30, 2016 24.38%
March 31, 2016 22.26%
December 31, 2015 21.92%
September 30, 2015 22.99%
June 30, 2015 24.47%
March 31, 2015 26.85%
December 31, 2014 30.13%
September 30, 2014 22.97%
June 30, 2014 22.14%
March 31, 2014 24.99%
December 31, 2013 21.14%
September 30, 2013 24.67%
June 30, 2013 22.22%
March 31, 2013 24.48%
December 31, 2012 23.53%
September 30, 2012 21.46%
June 30, 2012 25.12%
March 31, 2012 24.55%

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

21.12%
Minimum
Dec 2019
30.71%
Maximum
Mar 2024
27.11%
Average
27.69%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks