Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 21.67%
March 31, 2024 21.06%
December 31, 2023 20.96%
September 30, 2023 19.42%
June 30, 2023 22.03%
March 31, 2023 20.18%
December 31, 2022 19.52%
September 30, 2022 17.76%
June 30, 2022 17.71%
March 31, 2022 16.65%
December 31, 2021 16.85%
September 30, 2021 17.13%
June 30, 2021 16.93%
March 31, 2021 16.22%
December 31, 2020 18.76%
September 30, 2020 18.64%
June 30, 2020 19.88%
March 31, 2020 18.97%
December 31, 2019 19.95%
September 30, 2019 19.30%
June 30, 2019 18.48%
March 31, 2019 19.38%
December 31, 2018 22.68%
September 30, 2018 18.73%
June 30, 2018 19.12%
Date Value
March 31, 2018 18.12%
December 31, 2017 21.16%
September 30, 2017 20.05%
June 30, 2017 19.15%
March 31, 2017 17.90%
December 31, 2016 17.62%
September 30, 2016 17.27%
June 30, 2016 20.45%
March 31, 2016 18.97%
December 31, 2015 21.47%
September 30, 2015 20.47%
June 30, 2015 21.64%
March 31, 2015 22.23%
December 31, 2014 19.61%
September 30, 2014 20.95%
June 30, 2014 18.40%
March 31, 2014 21.66%
December 31, 2013 19.56%
September 30, 2013 19.29%
June 30, 2013 19.46%
March 31, 2013 19.21%
December 31, 2012 19.59%
September 30, 2012 18.03%
June 30, 2012 7.56%
March 31, 2012 18.94%

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

16.22%
Minimum
Mar 2021
22.03%
Maximum
Jun 2023
18.96%
Average
18.97%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks