Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.97%
March 31, 2024 35.32%
December 31, 2023 31.82%
September 30, 2023 32.77%
June 30, 2023 31.85%
March 31, 2023 31.85%
December 31, 2022 30.56%
September 30, 2022 32.68%
June 30, 2022 34.35%
March 31, 2022 35.49%
December 31, 2021 32.37%
September 30, 2021 35.49%
June 30, 2021 29.46%
March 31, 2021 30.59%
December 31, 2020 40.47%
September 30, 2020 41.32%
June 30, 2020 40.20%
March 31, 2020 42.02%
December 31, 2019 39.14%
September 30, 2019 42.06%
June 30, 2019 42.29%
March 31, 2019 40.95%
December 31, 2018 39.17%
September 30, 2018 44.15%
June 30, 2018 43.34%
Date Value
March 31, 2018 43.59%
December 31, 2017 41.66%
September 30, 2017 43.58%
June 30, 2017 44.25%
March 31, 2017 43.84%
December 31, 2016 42.42%
September 30, 2016 44.56%
June 30, 2016 46.08%
March 31, 2016 45.99%
December 31, 2015 43.76%
September 30, 2015 45.37%
June 30, 2015 44.95%
March 31, 2015 44.69%
December 31, 2014 43.38%
September 30, 2014 43.95%
June 30, 2014 44.73%
March 31, 2014 44.33%
December 31, 2013 43.23%
September 30, 2013 43.84%
June 30, 2013 44.08%
March 31, 2013 42.78%
December 31, 2012 42.18%
September 30, 2012 42.53%
June 30, 2012 41.80%
March 31, 2012 40.16%

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

29.46%
Minimum
Jun 2021
42.02%
Maximum
Mar 2020
34.98%
Average
34.35%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics