Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

View and export this data back to 2016. Upgrade now.
Date Value
March 31, 2024 23.43%
December 31, 2023 26.75%
September 30, 2023 26.08%
June 30, 2023 20.00%
March 31, 2023 16.30%
December 31, 2022 17.36%
September 30, 2022 23.10%
June 30, 2022 21.68%
March 31, 2022 19.29%
December 31, 2021 21.82%
September 30, 2021 21.24%
June 30, 2021 18.35%
March 31, 2021 21.24%
December 31, 2020 23.34%
September 30, 2020 21.48%
June 30, 2020 25.49%
Date Value
March 31, 2020 20.72%
December 31, 2019 20.72%
September 30, 2019 20.70%
June 30, 2019 21.75%
March 31, 2019 21.08%
December 31, 2018 7.82%
September 30, 2018 25.57%
June 30, 2018 25.87%
March 31, 2018 25.77%
December 31, 2017 10.64%
September 30, 2017 26.49%
June 30, 2017 25.38%
March 31, 2017 24.65%
December 31, 2016 27.57%
September 30, 2016 26.57%

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

16.30%
Minimum
Mar 2023
26.75%
Maximum
Dec 2023
21.54%
Average
21.36%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics