Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 8.54%
March 31, 2024 7.89%
December 31, 2023 8.17%
September 30, 2023 8.11%
June 30, 2023 10.01%
March 31, 2023 8.87%
December 31, 2022 7.83%
September 30, 2022 7.22%
June 30, 2022 9.16%
March 31, 2022 9.22%
December 31, 2021 6.61%
September 30, 2021 5.33%
June 30, 2021 9.66%
March 31, 2021 8.38%
December 31, 2020 9.25%
September 30, 2020 9.22%
June 30, 2020 7.31%
March 31, 2020 6.88%
December 31, 2019 6.68%
September 30, 2019 7.08%
June 30, 2019 7.29%
March 31, 2019 8.47%
December 31, 2018 7.19%
Date Value
September 30, 2018 6.85%
June 30, 2018 8.23%
March 31, 2018 8.06%
December 31, 2017 8.10%
September 30, 2017 7.68%
June 30, 2017 7.40%
March 31, 2017 8.04%
December 31, 2016 8.93%
September 30, 2016 8.09%
June 30, 2016 7.69%
March 31, 2016 7.56%
December 31, 2015 7.78%
September 30, 2015 7.62%
June 30, 2015 8.80%
March 31, 2015 9.16%
December 31, 2014 8.60%
September 30, 2014 8.78%
June 30, 2014 9.09%
March 31, 2014 8.91%
December 31, 2013 7.69%
September 30, 2013 7.07%
June 30, 2013 8.76%
March 31, 2013 8.87%

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

5.33%
Minimum
Sep 2021
10.01%
Maximum
Jun 2023
8.12%
Average
8.17%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks