Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 20.10%
June 30, 2024 20.79%
March 31, 2024 18.80%
December 31, 2023 20.00%
September 30, 2023 18.33%
June 30, 2023 19.98%
March 31, 2023 19.48%
December 31, 2022 17.93%
September 30, 2022 18.84%
June 30, 2022 19.67%
March 31, 2022 19.42%
December 31, 2021 17.98%
September 30, 2021 19.43%
June 30, 2021 20.64%
March 31, 2021 19.66%
Date Value
December 31, 2020 17.26%
September 30, 2020 18.28%
June 30, 2020 16.77%
March 31, 2020 18.52%
December 31, 2019 17.23%
September 30, 2019 22.02%
June 30, 2019 22.69%
March 31, 2019 23.47%
December 31, 2018 21.53%
September 30, 2018 22.70%
June 30, 2018 24.52%
March 31, 2018 23.06%
December 31, 2017 21.52%
September 30, 2017 23.76%
June 30, 2017 25.42%

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

16.77%
Minimum
Jun 2020
20.79%
Maximum
Jun 2024
18.96%
Average
19.13%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics