Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.28%
March 31, 2024 38.81%
December 31, 2023 40.42%
September 30, 2023 39.83%
June 30, 2023 39.19%
March 31, 2023 37.47%
December 31, 2022 42.23%
September 30, 2022 39.04%
June 30, 2022 39.60%
March 31, 2022 36.71%
December 31, 2021 39.12%
September 30, 2021 36.41%
June 30, 2021 40.67%
March 31, 2021 35.03%
December 31, 2020 34.29%
September 30, 2020 31.45%
June 30, 2020 22.92%
March 31, 2020 32.33%
December 31, 2019 34.45%
September 30, 2019 33.59%
June 30, 2019 35.37%
March 31, 2019 33.60%
December 31, 2018 36.26%
September 30, 2018 34.47%
June 30, 2018 34.70%
Date Value
March 31, 2018 34.03%
December 31, 2017 35.97%
September 30, 2017 33.09%
June 30, 2017 33.32%
March 31, 2017 32.86%
December 31, 2016 35.44%
September 30, 2016 33.38%
June 30, 2016 32.84%
March 31, 2016 32.43%
December 31, 2015 35.64%
September 30, 2015 32.94%
June 30, 2015 32.85%
March 31, 2015 32.73%
December 31, 2014 33.72%
September 30, 2014 32.11%
June 30, 2014 32.06%
March 31, 2014 27.75%
December 31, 2013 30.65%
September 30, 2013 31.09%
June 30, 2013 32.19%
March 31, 2013 30.96%
December 31, 2012 32.54%
September 30, 2012 32.60%
June 30, 2012 33.30%
March 31, 2012 34.18%

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

22.92%
Minimum
Jun 2020
42.23%
Maximum
Dec 2022
36.80%
Average
38.81%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics