Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.75%
March 31, 2024 22.16%
December 31, 2023 20.82%
September 30, 2023 20.71%
June 30, 2023 21.31%
March 31, 2023 22.79%
December 31, 2022 17.66%
September 30, 2022 18.49%
June 30, 2022 19.08%
March 31, 2022 20.03%
December 31, 2021 16.52%
September 30, 2021 18.32%
June 30, 2021 20.83%
March 31, 2021 21.75%
December 31, 2020 22.10%
September 30, 2020 21.70%
June 30, 2020 20.09%
March 31, 2020 20.93%
December 31, 2019 20.85%
September 30, 2019 21.86%
June 30, 2019 21.23%
March 31, 2019 20.57%
December 31, 2018 20.82%
September 30, 2018 21.37%
June 30, 2018 22.39%
Date Value
March 31, 2018 22.39%
December 31, 2017 23.33%
September 30, 2017 24.39%
June 30, 2017 23.94%
March 31, 2017 22.62%
December 31, 2016 21.88%
September 30, 2016 23.52%
June 30, 2016 23.16%
March 31, 2016 23.64%
December 31, 2015 21.03%
September 30, 2015 21.65%
June 30, 2015 20.77%
March 31, 2015 19.93%
December 31, 2014 18.74%
September 30, 2014 19.26%
June 30, 2014 18.87%
March 31, 2014 17.41%
December 31, 2013 18.39%
September 30, 2013 15.26%
June 30, 2013 16.09%
March 31, 2013 18.38%
December 31, 2012 19.33%
September 30, 2012 17.75%
June 30, 2012 17.17%
March 31, 2012 17.85%

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

16.52%
Minimum
Dec 2021
23.75%
Maximum
Jun 2024
20.52%
Average
20.83%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics