Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 24.93%
March 31, 2024 23.51%
December 31, 2023 25.18%
September 30, 2023 24.38%
June 30, 2023 24.56%
March 31, 2023 24.15%
December 31, 2022 24.79%
September 30, 2022 24.57%
June 30, 2022 23.47%
March 31, 2022 23.95%
December 31, 2021 23.68%
September 30, 2021 24.16%
June 30, 2021 23.97%
March 31, 2021 21.93%
December 31, 2020 23.01%
September 30, 2020 23.88%
June 30, 2020 23.55%
March 31, 2020 22.12%
December 31, 2019 23.20%
September 30, 2019 22.55%
June 30, 2019 22.53%
March 31, 2019 22.45%
December 31, 2018 22.58%
September 30, 2018 22.55%
June 30, 2018 22.26%
Date Value
March 31, 2018 22.32%
December 31, 2017 22.05%
September 30, 2017 22.14%
June 30, 2017 22.03%
March 31, 2017 21.34%
December 31, 2016 22.61%
September 30, 2016 23.82%
June 30, 2016 23.83%
March 31, 2016 23.18%
December 31, 2015 25.17%
September 30, 2015 23.19%
June 30, 2015 23.34%
March 31, 2015 23.56%
December 31, 2014 15.45%
September 30, 2014 16.17%
June 30, 2014 15.01%
March 31, 2014 19.81%
December 31, 2013 24.36%
September 30, 2013 24.42%
June 30, 2013 24.08%
March 31, 2013 24.03%
December 31, 2012 23.74%
September 30, 2012 24.96%
June 30, 2012 23.70%
March 31, 2012 23.54%

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

21.93%
Minimum
Mar 2021
25.18%
Maximum
Dec 2023
23.84%
Average
23.95%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks