Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.19%
March 31, 2024 38.53%
December 31, 2023 35.87%
September 30, 2023 33.10%
June 30, 2023 29.55%
March 31, 2023 36.05%
December 31, 2022 36.57%
September 30, 2022 41.56%
June 30, 2022 47.60%
March 31, 2022 48.93%
December 31, 2021 43.44%
September 30, 2021 48.59%
June 30, 2021 45.17%
March 31, 2021 45.22%
December 31, 2020 42.22%
September 30, 2020 43.77%
June 30, 2020 42.23%
March 31, 2020 33.29%
December 31, 2019 27.94%
September 30, 2019 27.73%
June 30, 2019 27.22%
March 31, 2019 24.24%
December 31, 2018 19.37%
September 30, 2018 32.57%
June 30, 2018 31.54%
Date Value
March 31, 2018 30.96%
December 31, 2017 23.70%
September 30, 2017 41.31%
June 30, 2017 44.07%
March 31, 2017 41.44%
December 31, 2016 44.02%
September 30, 2016 57.23%
June 30, 2016 24.41%
March 31, 2016 27.22%
December 31, 2015 7.85%
September 30, 2015 17.14%
June 30, 2015 19.70%
March 31, 2015 15.36%
December 31, 2014 13.92%
September 30, 2014 18.20%
June 30, 2014 13.33%
March 31, 2014 12.07%
December 31, 2013 -1.47%
September 30, 2013 28.80%
June 30, 2013 34.01%
March 31, 2013 37.29%
December 31, 2012 30.02%
September 30, 2012 35.33%
June 30, 2012 31.19%
March 31, 2012 58.26%

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

27.94%
Minimum
Dec 2019
48.93%
Maximum
Mar 2022
39.89%
Average
41.56%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics