Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.82%
March 31, 2024 24.38%
December 31, 2023 19.75%
September 30, 2023 28.19%
June 30, 2023 24.23%
March 31, 2023 22.63%
December 31, 2022 21.33%
September 30, 2022 22.50%
June 30, 2022 21.68%
March 31, 2022 23.82%
December 31, 2021 29.06%
September 30, 2021 24.86%
June 30, 2021 27.26%
March 31, 2021 27.11%
December 31, 2020 29.83%
September 30, 2020 25.52%
June 30, 2020 27.68%
March 31, 2020 23.40%
December 31, 2019 28.36%
September 30, 2019 26.74%
June 30, 2019 29.18%
March 31, 2019 30.93%
December 31, 2018 30.58%
September 30, 2018 29.29%
June 30, 2018 29.86%
Date Value
March 31, 2018 31.87%
December 31, 2017 34.57%
September 30, 2017 32.81%
June 30, 2017 32.48%
March 31, 2017 32.17%
December 31, 2016 33.16%
September 30, 2016 29.58%
June 30, 2016 28.89%
March 31, 2016 29.25%
December 31, 2015 31.12%
September 30, 2015 29.33%
June 30, 2015 30.17%
March 31, 2015 29.09%
December 31, 2014 39.65%
September 30, 2014 24.90%
June 30, 2014 30.78%
March 31, 2014 32.84%
December 31, 2013 31.25%
September 30, 2013 28.74%
June 30, 2013 27.98%
March 31, 2013 30.01%
December 31, 2012 28.99%
September 30, 2012 24.52%
June 30, 2012 27.39%
March 31, 2012 20.50%

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

19.75%
Minimum
Dec 2023
29.83%
Maximum
Dec 2020
25.02%
Average
24.38%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics