Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 22.05%
June 30, 2024 19.62%
March 31, 2024 23.89%
December 31, 2023 23.00%
September 30, 2023 23.04%
June 30, 2023 22.47%
March 31, 2023 24.12%
December 31, 2022 23.93%
September 30, 2022 21.63%
June 30, 2022 21.83%
March 31, 2022 24.44%
December 31, 2021 24.23%
September 30, 2021 21.63%
June 30, 2021 21.57%
March 31, 2021 20.17%
December 31, 2020 20.85%
September 30, 2020 18.21%
June 30, 2020 16.10%
March 31, 2020 16.55%
December 31, 2019 16.50%
September 30, 2019 15.83%
June 30, 2019 14.81%
March 31, 2019 12.94%
December 31, 2018 16.37%
September 30, 2018 15.99%
Date Value
June 30, 2018 15.23%
March 31, 2018 17.71%
December 31, 2017 15.08%
September 30, 2017 15.46%
June 30, 2017 15.94%
March 31, 2017 16.78%
December 31, 2016 15.15%
September 30, 2016 15.99%
June 30, 2016 15.98%
March 31, 2016 16.63%
December 31, 2015 17.87%
September 30, 2015 17.86%
June 30, 2015 17.98%
March 31, 2015 15.98%
December 31, 2014 18.07%
September 30, 2014 19.94%
June 30, 2014 18.14%
March 31, 2014 17.60%
December 31, 2013 17.95%
September 30, 2013 19.32%
June 30, 2013 19.02%
March 31, 2013 21.41%
December 31, 2012 21.02%
September 30, 2012 20.29%
June 30, 2012 19.40%

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

16.10%
Minimum
Jun 2020
24.44%
Maximum
Mar 2022
21.29%
Average
21.73%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics