Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 13.82%
June 30, 2024 14.40%
March 31, 2024 13.15%
December 31, 2023 14.93%
September 30, 2023 15.72%
June 30, 2023 19.50%
March 31, 2023 21.09%
December 31, 2022 23.06%
September 30, 2022 23.39%
June 30, 2022 24.74%
March 31, 2022 24.28%
December 31, 2021 26.16%
September 30, 2021 23.75%
June 30, 2021 21.86%
March 31, 2021 21.22%
December 31, 2020 23.51%
September 30, 2020 22.05%
June 30, 2020 18.33%
March 31, 2020 18.44%
December 31, 2019 18.65%
September 30, 2019 16.12%
June 30, 2019 17.73%
March 31, 2019 17.10%
December 31, 2018 21.91%
September 30, 2018 17.65%
Date Value
June 30, 2018 16.46%
March 31, 2018 15.58%
December 31, 2017 18.41%
September 30, 2017 15.09%
June 30, 2017 18.33%
March 31, 2017 15.91%
December 31, 2016 19.23%
September 30, 2016 19.95%
June 30, 2016 20.44%
March 31, 2016 21.14%
December 31, 2015 19.85%
September 30, 2015 21.36%
June 30, 2015 21.72%
March 31, 2015 22.51%
December 31, 2014 22.62%
September 30, 2014 20.26%
June 30, 2014 19.60%
March 31, 2014 18.32%
December 31, 2013 19.68%
September 30, 2013 16.81%
June 30, 2013 19.75%
March 31, 2013 17.78%
December 31, 2012 18.81%
September 30, 2012 18.18%
June 30, 2012 20.52%

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

13.15%
Minimum
Mar 2024
26.16%
Maximum
Dec 2021
20.10%
Average
21.16%
Median

Gross Profit Margin (Quarterly) Benchmarks