Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 35.84%
March 31, 2024 34.93%
December 31, 2023 38.12%
September 30, 2023 29.46%
June 30, 2023 41.48%
March 31, 2023 37.27%
December 31, 2022 35.20%
September 30, 2022 34.93%
June 30, 2022 36.07%
March 31, 2022 36.17%
December 31, 2021 39.49%
September 30, 2021 41.10%
June 30, 2021 45.66%
March 31, 2021 45.23%
December 31, 2020 45.29%
September 30, 2020 44.75%
June 30, 2020 45.21%
March 31, 2020 46.07%
December 31, 2019 41.87%
September 30, 2019 44.78%
June 30, 2019 45.23%
March 31, 2019 44.53%
December 31, 2018 42.43%
September 30, 2018 43.37%
June 30, 2018 46.45%
Date Value
March 31, 2018 44.76%
December 31, 2017 41.87%
September 30, 2017 42.32%
June 30, 2017 45.49%
March 31, 2017 43.33%
December 31, 2016 39.01%
September 30, 2016 38.55%
June 30, 2016 42.56%
March 31, 2016 40.98%
December 31, 2015 39.04%
September 30, 2015 39.35%
June 30, 2015 41.70%
March 31, 2015 39.02%
December 31, 2014 38.60%
September 30, 2014 40.07%
June 30, 2014 40.70%
March 31, 2014 39.31%
December 31, 2013 37.84%
September 30, 2013 37.27%
June 30, 2013 41.87%
March 31, 2013 40.94%
December 31, 2012 38.74%
September 30, 2012 38.03%
June 30, 2012 42.18%
March 31, 2012 39.25%

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

29.46%
Minimum
Sep 2023
46.07%
Maximum
Mar 2020
39.69%
Average
39.49%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics