Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.85%
March 31, 2024 29.24%
December 31, 2023 26.09%
September 30, 2023 28.59%
June 30, 2023 23.39%
March 31, 2023 23.22%
December 31, 2022 19.92%
September 30, 2022 25.46%
June 30, 2022 24.75%
March 31, 2022 23.52%
December 31, 2021 22.41%
September 30, 2021 23.05%
June 30, 2021 25.04%
March 31, 2021 25.18%
December 31, 2020 24.13%
September 30, 2020 23.06%
June 30, 2020 23.71%
March 31, 2020 23.14%
December 31, 2019 22.04%
September 30, 2019 23.78%
June 30, 2019 24.03%
March 31, 2019 24.48%
December 31, 2018 24.07%
September 30, 2018 25.97%
June 30, 2018 24.97%
Date Value
March 31, 2018 25.36%
December 31, 2017 24.96%
September 30, 2017 25.97%
June 30, 2017 25.39%
March 31, 2017 25.94%
December 31, 2016 23.55%
September 30, 2016 24.38%
June 30, 2016 26.07%
March 31, 2016 27.62%
December 31, 2015 23.69%
September 30, 2015 25.47%
June 30, 2015 26.06%
March 31, 2015 25.41%
December 31, 2014 22.48%
September 30, 2014 25.84%
June 30, 2014 25.59%
March 31, 2014 23.76%
December 31, 2013 17.11%
September 30, 2013 18.63%
June 30, 2013 18.94%
March 31, 2013 21.57%
December 31, 2012 23.53%
September 30, 2012 25.97%
June 30, 2012 24.34%
March 31, 2012 24.87%

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

19.92%
Minimum
Dec 2022
31.85%
Maximum
Jun 2024
24.62%
Average
23.71%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks