Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.46%
March 31, 2024 36.13%
December 31, 2023 38.26%
September 30, 2023 40.04%
June 30, 2023 38.55%
March 31, 2023 37.35%
December 31, 2022 39.95%
September 30, 2022 42.20%
June 30, 2022 41.49%
March 31, 2022 39.43%
December 31, 2021 40.98%
September 30, 2021 39.17%
June 30, 2021 39.08%
March 31, 2021 38.18%
December 31, 2020 42.25%
September 30, 2020 40.36%
June 30, 2020 41.18%
March 31, 2020 35.62%
December 31, 2019 44.21%
September 30, 2019 44.64%
June 30, 2019 43.34%
March 31, 2019 37.08%
December 31, 2018 43.80%
September 30, 2018 43.17%
June 30, 2018 43.47%
Date Value
March 31, 2018 37.59%
December 31, 2017 43.74%
September 30, 2017 44.09%
June 30, 2017 40.84%
March 31, 2017 38.87%
December 31, 2016 37.51%
September 30, 2016 40.38%
June 30, 2016 40.18%
March 31, 2016 37.17%
December 31, 2015 41.34%
September 30, 2015 41.46%
June 30, 2015 39.04%
March 31, 2015 39.77%
December 31, 2014 41.13%
September 30, 2014 40.88%
June 30, 2014 42.62%
March 31, 2014 38.20%
December 31, 2013 41.02%
September 30, 2013 40.17%
June 30, 2013 42.96%
March 31, 2013 40.63%
December 31, 2012 39.91%
September 30, 2012 40.01%
June 30, 2012 41.65%
March 31, 2012 40.91%

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

35.62%
Minimum
Mar 2020
44.21%
Maximum
Dec 2019
39.68%
Average
39.46%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics