Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 34.06%
June 30, 2024 34.55%
March 31, 2024 34.03%
December 31, 2023 34.03%
September 30, 2023 33.38%
June 30, 2023 32.15%
March 31, 2023 31.61%
December 31, 2022 30.12%
September 30, 2022 28.53%
June 30, 2022 29.20%
March 31, 2022 28.45%
December 31, 2021 24.97%
September 30, 2021 27.72%
June 30, 2021 30.62%
March 31, 2021 32.15%
December 31, 2020 28.34%
September 30, 2020 26.52%
June 30, 2020 27.18%
March 31, 2020 28.67%
December 31, 2019 28.24%
September 30, 2019 31.45%
June 30, 2019 30.11%
March 31, 2019 30.47%
December 31, 2018 30.12%
September 30, 2018 33.07%
Date Value
June 30, 2018 30.14%
March 31, 2018 29.62%
December 31, 2017 31.79%
September 30, 2017 34.05%
June 30, 2017 35.44%
March 31, 2017 33.01%
December 31, 2016 32.05%
September 30, 2016 33.69%
June 30, 2016 33.08%
March 31, 2016 32.80%
December 31, 2015 30.70%
September 30, 2015 31.37%
June 30, 2015 25.18%
March 31, 2015 30.98%
December 31, 2014 29.92%
September 30, 2014 30.37%
June 30, 2014 33.32%
March 31, 2014 32.55%
December 31, 2013 32.17%
September 30, 2013 30.29%
June 30, 2013 33.10%
March 31, 2013 31.31%
December 31, 2012 31.24%
September 30, 2012 34.08%
June 30, 2012 33.97%

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

24.97%
Minimum
Dec 2021
34.55%
Maximum
Jun 2024
30.23%
Average
29.66%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics