Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.54%
March 31, 2024 29.28%
December 31, 2023 28.94%
September 30, 2023 28.65%
June 30, 2023 27.43%
March 31, 2023 27.39%
December 31, 2022 26.64%
September 30, 2022 26.31%
June 30, 2022 29.15%
March 31, 2022 28.25%
December 31, 2021 27.00%
September 30, 2021 27.67%
June 30, 2021 28.28%
March 31, 2021 27.79%
December 31, 2020 29.56%
September 30, 2020 20.63%
June 30, 2020 26.34%
Date Value
March 31, 2020 27.60%
December 31, 2019 26.82%
September 30, 2019 26.59%
June 30, 2019 26.57%
March 31, 2019 20.42%
December 31, 2018 8.66%
September 30, 2018 18.25%
June 30, 2018 18.75%
March 31, 2018 19.65%
December 31, 2017 19.81%
September 30, 2017 19.93%
June 30, 2017 21.83%
March 31, 2017 23.00%
December 31, 2016 23.83%
September 30, 2016 20.24%
June 30, 2016 21.68%
March 31, 2016 21.44%

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

20.63%
Minimum
Sep 2020
31.54%
Maximum
Jun 2024
27.65%
Average
27.67%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

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