Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.20%
March 31, 2024 22.31%
December 31, 2023 20.41%
September 30, 2023 20.34%
June 30, 2023 18.15%
March 31, 2023 17.45%
December 31, 2022 14.89%
September 30, 2022 10.34%
June 30, 2022 11.07%
March 31, 2022 12.23%
December 31, 2021 7.65%
September 30, 2021 8.70%
June 30, 2021 15.20%
March 31, 2021 16.17%
December 31, 2020 16.91%
September 30, 2020 15.85%
June 30, 2020 15.83%
March 31, 2020 17.40%
December 31, 2019 16.91%
September 30, 2019 17.62%
June 30, 2019 16.28%
March 31, 2019 15.12%
December 31, 2018 14.50%
September 30, 2018 15.01%
June 30, 2018 16.36%
Date Value
March 31, 2018 16.75%
December 31, 2017 16.77%
September 30, 2017 17.57%
June 30, 2017 17.75%
March 31, 2017 17.68%
December 31, 2016 16.07%
September 30, 2016 16.62%
June 30, 2016 17.66%
March 31, 2016 16.20%
December 31, 2015 17.15%
September 30, 2015 16.36%
June 30, 2015 16.79%
March 31, 2015 16.54%
December 31, 2014 16.52%
September 30, 2014 16.00%
June 30, 2014 15.67%
March 31, 2014 16.52%
December 31, 2013 17.54%
September 30, 2013 17.33%
June 30, 2013 17.33%
March 31, 2013 16.93%
December 31, 2012 16.46%
September 30, 2012 17.08%
June 30, 2012 16.10%
March 31, 2012 15.73%

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

7.65%
Minimum
Dec 2021
22.31%
Maximum
Mar 2024
15.79%
Average
16.17%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics