Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.40%
March 31, 2024 22.05%
December 31, 2023 22.51%
September 30, 2023 19.75%
June 30, 2023 22.50%
March 31, 2023 21.41%
December 31, 2022 22.87%
September 30, 2022 21.47%
June 30, 2022 19.48%
March 31, 2022 23.01%
December 31, 2021 24.59%
September 30, 2021 23.17%
June 30, 2021 24.98%
March 31, 2021 26.37%
December 31, 2020 24.60%
September 30, 2020 23.90%
June 30, 2020 25.39%
March 31, 2020 23.93%
December 31, 2019 20.84%
September 30, 2019 20.29%
June 30, 2019 18.81%
March 31, 2019 20.69%
December 31, 2018 19.00%
September 30, 2018 17.15%
June 30, 2018 17.99%
Date Value
March 31, 2018 21.02%
December 31, 2017 21.74%
September 30, 2017 20.94%
June 30, 2017 23.86%
March 31, 2017 23.64%
December 31, 2016 18.70%
September 30, 2016 16.12%
June 30, 2016 41.39%
March 31, 2016 21.71%
December 31, 2015 22.36%
September 30, 2015 20.65%
June 30, 2015 18.08%
March 31, 2015 23.80%
December 31, 2014 24.03%
September 30, 2014 19.94%
June 30, 2014 21.06%
March 31, 2014 27.41%
December 31, 2013 26.75%
September 30, 2013 24.95%
June 30, 2013 26.48%
March 31, 2013 27.66%
December 31, 2012 28.72%
September 30, 2012 26.46%
June 30, 2012 26.63%
March 31, 2012 27.86%

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

19.48%
Minimum
Jun 2022
26.37%
Maximum
Mar 2021
22.96%
Average
23.01%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics