Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.54%
March 31, 2024 29.71%
December 31, 2023 28.18%
September 30, 2023 33.08%
June 30, 2023 31.93%
March 31, 2023 31.33%
December 31, 2022 28.74%
September 30, 2022 32.33%
June 30, 2022 32.01%
March 31, 2022 32.14%
December 31, 2021 31.43%
September 30, 2021 33.25%
June 30, 2021 34.05%
March 31, 2021 30.99%
December 31, 2020 27.59%
September 30, 2020 26.25%
June 30, 2020 26.77%
March 31, 2020 32.50%
December 31, 2019 26.14%
September 30, 2019 26.83%
June 30, 2019 35.39%
March 31, 2019 34.84%
December 31, 2018 33.81%
September 30, 2018 35.98%
June 30, 2018 35.95%
Date Value
March 31, 2018 35.60%
December 31, 2017 33.17%
September 30, 2017 33.54%
June 30, 2017 29.64%
March 31, 2017 35.24%
December 31, 2016 30.28%
September 30, 2016 30.08%
June 30, 2016 31.98%
March 31, 2016 31.61%
December 31, 2015 26.87%
September 30, 2015 27.23%
June 30, 2015 29.63%
March 31, 2015 31.22%
December 31, 2014 29.52%
September 30, 2014 31.38%
June 30, 2014 32.74%
March 31, 2014 31.64%
December 31, 2013 30.00%
September 30, 2013 31.98%
June 30, 2013 34.06%
March 31, 2013 31.81%
December 31, 2012 31.50%
September 30, 2012 33.10%
June 30, 2012 35.83%
March 31, 2012 35.39%

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

26.14%
Minimum
Dec 2019
34.05%
Maximum
Jun 2021
30.52%
Average
31.43%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks