Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 37.00%
December 31, 2023 38.16%
September 30, 2023 36.56%
June 30, 2023 36.60%
March 31, 2023 35.45%
December 31, 2022 37.48%
September 30, 2022 34.23%
June 30, 2022 38.55%
March 31, 2022 38.59%
December 31, 2021 42.14%
September 30, 2021 40.98%
June 30, 2021 43.04%
March 31, 2021 41.18%
December 31, 2020 41.32%
September 30, 2020 40.68%
June 30, 2020 41.05%
March 31, 2020 41.03%
Date Value
December 31, 2019 42.83%
September 30, 2019 41.31%
June 30, 2019 42.88%
March 31, 2019 41.69%
December 31, 2018 44.27%
September 30, 2018 41.53%
June 30, 2018 42.94%
March 31, 2018 42.24%
December 31, 2017 44.29%
September 30, 2017 41.47%
June 30, 2017 43.35%
March 31, 2017 40.10%
December 31, 2016 42.05%
September 30, 2016 43.19%
June 30, 2016 42.17%
March 31, 2016 40.47%

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

34.23%
Minimum
Sep 2022
43.04%
Maximum
Jun 2021
39.55%
Average
40.83%
Median

Gross Profit Margin (Quarterly) Benchmarks