Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.57%
March 31, 2024 21.83%
December 31, 2023 16.91%
September 30, 2023 17.76%
June 30, 2023 22.29%
March 31, 2023 20.41%
December 31, 2022 20.30%
September 30, 2022 20.81%
June 30, 2022 20.28%
March 31, 2022 21.68%
December 31, 2021 22.28%
September 30, 2021 22.09%
June 30, 2021 23.60%
March 31, 2021 23.26%
December 31, 2020 26.36%
September 30, 2020 26.82%
June 30, 2020 26.90%
March 31, 2020 28.24%
Date Value
December 31, 2019 24.99%
September 30, 2019 25.72%
June 30, 2019 26.57%
March 31, 2019 23.77%
December 31, 2018 22.92%
September 30, 2018 22.53%
June 30, 2018 21.57%
March 31, 2018 21.86%
December 31, 2017 23.38%
September 30, 2017 24.20%
June 30, 2017 24.20%
March 31, 2017 30.34%
December 31, 2016 24.36%
September 30, 2016 25.12%
June 30, 2016 25.80%
March 31, 2016 25.68%
December 31, 2015 26.08%
September 30, 2015 26.79%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

16.91%
Minimum
Dec 2023
28.24%
Maximum
Mar 2020
22.60%
Average
22.28%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics