Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.91%
March 31, 2024 34.89%
December 31, 2023 35.45%
September 30, 2023 34.54%
June 30, 2023 34.38%
March 31, 2023 33.88%
December 31, 2022 33.90%
September 30, 2022 33.47%
June 30, 2022 32.77%
March 31, 2022 32.85%
December 31, 2021 33.32%
September 30, 2021 32.55%
June 30, 2021 33.31%
March 31, 2021 32.99%
December 31, 2020 33.34%
Date Value
September 30, 2020 33.15%
June 30, 2020 33.85%
March 31, 2020 32.39%
December 31, 2019 32.53%
September 30, 2019 34.00%
June 30, 2019 33.93%
March 31, 2019 33.33%
December 31, 2018 33.51%
September 30, 2018 33.38%
June 30, 2018 34.18%
March 31, 2018 32.20%
December 31, 2017 31.08%
September 30, 2017 32.89%
June 30, 2017 33.07%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

32.39%
Minimum
Mar 2020
35.45%
Maximum
Dec 2023
33.55%
Average
33.34%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

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