Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 24.76%
March 31, 2024 25.87%
December 31, 2023 22.19%
September 30, 2023 15.95%
June 30, 2023 23.08%
March 31, 2023 16.63%
December 31, 2022 15.62%
September 30, 2022 13.84%
June 30, 2022 18.69%
March 31, 2022 10.60%
December 31, 2021 1.95%
September 30, 2021 10.08%
June 30, 2021 4.53%
March 31, 2021 19.40%
December 31, 2020 22.93%
September 30, 2020 27.52%
June 30, 2020 9.38%
March 31, 2020 19.24%
December 31, 2019 15.99%
September 30, 2019 22.86%
June 30, 2019 22.89%
March 31, 2019 20.30%
December 31, 2018 21.76%
September 30, 2018 29.04%
June 30, 2018 24.17%
Date Value
March 31, 2018 22.36%
December 31, 2017 20.23%
September 30, 2017 21.72%
June 30, 2017 22.92%
March 31, 2017 26.28%
December 31, 2016 27.81%
September 30, 2016 23.71%
June 30, 2016 18.38%
March 31, 2016 20.44%
December 31, 2015 20.34%
September 30, 2015 31.30%
June 30, 2015 29.10%
March 31, 2015 34.13%
December 31, 2014 30.03%
September 30, 2014 30.88%
June 30, 2014 27.83%
March 31, 2014 28.44%
December 31, 2013 26.04%
September 30, 2013 33.85%
June 30, 2013 35.44%
March 31, 2013 34.12%
December 31, 2012 27.81%
September 30, 2012 30.55%
June 30, 2012 27.68%
March 31, 2012 25.56%

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

1.95%
Minimum
Dec 2021
27.52%
Maximum
Sep 2020
16.75%
Average
16.63%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks