Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 42.86%
March 31, 2024 37.88%
December 31, 2023 38.72%
September 30, 2023 35.59%
June 30, 2023 37.48%
March 31, 2023 36.81%
December 31, 2022 35.43%
September 30, 2022 34.70%
June 30, 2022 36.20%
March 31, 2022 36.24%
December 31, 2021 32.76%
September 30, 2021 34.27%
June 30, 2021 34.79%
March 31, 2021 35.43%
December 31, 2020 33.60%
September 30, 2020 35.31%
June 30, 2020 34.93%
March 31, 2020 33.52%
December 31, 2019 29.46%
September 30, 2019 30.43%
June 30, 2019 31.98%
March 31, 2019 33.48%
December 31, 2018 30.25%
September 30, 2018 31.81%
June 30, 2018 32.48%
Date Value
March 31, 2018 32.95%
December 31, 2017 27.06%
September 30, 2017 27.69%
June 30, 2017 28.13%
March 31, 2017 27.62%
December 31, 2016 27.71%
September 30, 2016 27.50%
June 30, 2016 27.77%
March 31, 2016 25.99%
December 31, 2015 26.43%
September 30, 2015 25.22%
June 30, 2015 25.27%
March 31, 2015 25.91%
December 31, 2014 25.67%
September 30, 2014 26.14%
June 30, 2014 26.58%
March 31, 2014 25.77%
December 31, 2013 24.87%
September 30, 2013 23.51%
June 30, 2013 22.04%
March 31, 2013 22.48%
December 31, 2012 24.83%
September 30, 2012 24.31%
June 30, 2012 22.79%
March 31, 2012 22.23%

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

29.46%
Minimum
Dec 2019
42.86%
Maximum
Jun 2024
35.58%
Average
35.43%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics