Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 39.90%
June 30, 2024 36.08%
March 31, 2024 35.45%
December 31, 2023 38.94%
September 30, 2023 38.22%
June 30, 2023 36.91%
March 31, 2023 34.59%
December 31, 2022 40.41%
September 30, 2022 40.94%
June 30, 2022 37.97%
March 31, 2022 35.04%
December 31, 2021 38.64%
September 30, 2021 39.23%
June 30, 2021 32.02%
March 31, 2021 28.16%
December 31, 2020 39.51%
September 30, 2020 29.49%
June 30, 2020 23.70%
March 31, 2020 22.72%
December 31, 2019 29.31%
Date Value
September 30, 2019 32.24%
June 30, 2019 26.37%
March 31, 2019 19.95%
December 31, 2018 29.26%
September 30, 2018 31.34%
June 30, 2018 22.68%
March 31, 2018 21.10%
December 31, 2017 27.80%
September 30, 2017 29.24%
June 30, 2017 21.74%
March 31, 2017 16.51%
December 31, 2016 23.57%
September 30, 2016 26.02%
June 30, 2016 22.16%
March 31, 2016 18.22%
December 31, 2015 25.09%
September 30, 2015 25.22%
June 30, 2015 23.28%
March 31, 2015 21.93%
December 31, 2014 22.80%

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

22.72%
Minimum
Mar 2020
40.94%
Maximum
Sep 2022
34.86%
Average
36.50%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics