Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.73%
March 31, 2024 36.35%
December 31, 2023 38.92%
September 30, 2023 37.10%
June 30, 2023 35.31%
March 31, 2023 31.66%
December 31, 2022 34.26%
September 30, 2022 32.84%
June 30, 2022 35.00%
March 31, 2022 36.70%
December 31, 2021 36.31%
September 30, 2021 38.66%
June 30, 2021 38.95%
March 31, 2021 36.77%
December 31, 2020 39.92%
September 30, 2020 32.77%
June 30, 2020 30.16%
March 31, 2020 32.95%
December 31, 2019 37.52%
September 30, 2019 34.86%
June 30, 2019 29.80%
March 31, 2019 30.19%
December 31, 2018 31.62%
September 30, 2018 34.25%
June 30, 2018 30.42%
Date Value
March 31, 2018 29.93%
December 31, 2017 28.21%
September 30, 2017 23.67%
June 30, 2017 25.50%
March 31, 2017 21.60%
December 31, 2016 25.69%
September 30, 2016 22.65%
June 30, 2016 25.30%
March 31, 2016 26.97%
December 31, 2015 26.74%
September 30, 2015 30.94%
June 30, 2015 21.84%
March 31, 2015 19.40%
December 31, 2014 26.87%
September 30, 2014 27.90%
June 30, 2014 20.92%
March 31, 2014 26.84%
December 31, 2013 29.12%
September 30, 2013 23.96%
June 30, 2013 16.96%
March 31, 2013 24.33%
December 31, 2012 30.89%
September 30, 2012 31.46%
June 30, 2012 35.64%
March 31, 2012 35.93%

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

28.73%
Minimum
Jun 2024
39.92%
Maximum
Dec 2020
35.31%
Average
36.31%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics