Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 34.13%
June 30, 2024 33.80%
March 31, 2024 31.80%
December 31, 2023 32.94%
September 30, 2023 30.76%
June 30, 2023 30.90%
March 31, 2023 28.09%
December 31, 2022 28.16%
September 30, 2022 25.38%
June 30, 2022 23.42%
March 31, 2022 23.64%
December 31, 2021 21.69%
September 30, 2021 22.81%
June 30, 2021 25.84%
March 31, 2021 29.08%
December 31, 2020 28.14%
September 30, 2020 28.77%
June 30, 2020 28.77%
March 31, 2020 27.26%
December 31, 2019 23.43%
September 30, 2019 27.49%
June 30, 2019 26.74%
March 31, 2019 23.19%
December 31, 2018 17.69%
September 30, 2018 30.24%
Date Value
June 30, 2018 26.20%
March 31, 2018 27.41%
December 31, 2017 27.13%
September 30, 2017 28.56%
June 30, 2017 26.53%
March 31, 2017 27.29%
December 31, 2016 0.55%
September 30, 2016 34.14%
June 30, 2016 35.19%
March 31, 2016 27.20%
December 31, 2015 27.92%
September 30, 2015 25.86%
June 30, 2015 27.71%
March 31, 2015 29.59%
December 31, 2014 29.72%
September 30, 2014 31.05%
June 30, 2014 30.04%
March 31, 2014 29.13%
December 31, 2013 30.89%
September 30, 2013 29.38%
June 30, 2013 30.11%
March 31, 2013 29.03%
December 31, 2012 28.13%
September 30, 2012 30.68%
June 30, 2012 30.89%

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

21.69%
Minimum
Dec 2021
34.13%
Maximum
Sep 2024
27.94%
Average
28.15%
Median

Gross Profit Margin (Quarterly) Benchmarks