Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.01%
March 31, 2024 40.87%
December 31, 2023 40.96%
September 30, 2023 40.41%
June 30, 2023 39.13%
March 31, 2023 35.96%
December 31, 2022 33.64%
September 30, 2022 35.42%
June 30, 2022 33.88%
March 31, 2022 36.59%
December 31, 2021 35.83%
September 30, 2021 36.42%
June 30, 2021 36.50%
March 31, 2021 36.06%
December 31, 2020 36.83%
September 30, 2020 36.54%
June 30, 2020 35.05%
March 31, 2020 35.64%
December 31, 2019 35.77%
September 30, 2019 36.37%
June 30, 2019 35.49%
March 31, 2019 33.71%
December 31, 2018 32.79%
September 30, 2018 32.13%
June 30, 2018 33.96%
Date Value
March 31, 2018 36.34%
December 31, 2017 36.94%
September 30, 2017 35.60%
June 30, 2017 33.29%
March 31, 2017 32.53%
December 31, 2016 34.16%
September 30, 2016 36.73%
June 30, 2016 37.01%
March 31, 2016 36.74%
December 31, 2015 36.12%
September 30, 2015 36.65%
June 30, 2015 36.80%
March 31, 2015 37.08%
December 31, 2014 34.81%
September 30, 2014 34.26%
June 30, 2014 33.64%
March 31, 2014 33.34%
December 31, 2013 34.40%
September 30, 2013 33.95%
June 30, 2013 33.93%
March 31, 2013 31.15%
December 31, 2012 30.02%
September 30, 2012 33.28%
June 30, 2012 32.38%
March 31, 2012 30.91%

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

33.64%
Minimum
Dec 2022
40.96%
Maximum
Dec 2023
36.92%
Average
36.42%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics