Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.56%
March 31, 2024 35.98%
December 31, 2023 38.57%
September 30, 2023 40.35%
June 30, 2023 37.95%
March 31, 2023 37.47%
December 31, 2022 37.15%
September 30, 2022 34.43%
June 30, 2022 30.50%
March 31, 2022 32.95%
December 31, 2021 35.59%
September 30, 2021 33.19%
June 30, 2021 35.59%
March 31, 2021 35.37%
December 31, 2020 35.68%
September 30, 2020 31.83%
June 30, 2020 29.38%
March 31, 2020 23.30%
December 31, 2019 28.97%
September 30, 2019 26.69%
June 30, 2019 20.68%
March 31, 2019 22.70%
December 31, 2018 25.45%
September 30, 2018 35.02%
June 30, 2018 40.49%
Date Value
March 31, 2018 40.54%
December 31, 2017 24.15%
September 30, 2017 35.22%
June 30, 2017 36.67%
March 31, 2017 36.49%
December 31, 2016 38.13%
September 30, 2016 45.62%
June 30, 2016 47.81%
March 31, 2016 47.52%
December 31, 2015 44.52%
September 30, 2015 44.22%
June 30, 2015 46.68%
March 31, 2015 47.15%
December 31, 2014 45.27%
September 30, 2014 43.39%
June 30, 2014 42.47%
March 31, 2014 40.90%
December 31, 2013 40.20%
September 30, 2013 48.14%
June 30, 2013 37.33%
March 31, 2013 34.26%
December 31, 2012 33.79%
September 30, 2012 36.98%
June 30, 2012 34.64%
March 31, 2012 38.61%

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

23.30%
Minimum
Mar 2020
40.35%
Maximum
Sep 2023
34.41%
Average
35.59%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics