Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 25.72%
March 31, 2024 25.61%
December 31, 2023 26.26%
September 30, 2023 26.73%
June 30, 2023 24.87%
March 31, 2023 25.63%
December 31, 2022 24.63%
September 30, 2022 24.02%
June 30, 2022 25.78%
March 31, 2022 26.45%
December 31, 2021 29.06%
September 30, 2021 30.21%
June 30, 2021 25.35%
March 31, 2021 26.26%
December 31, 2020 26.31%
September 30, 2020 28.27%
June 30, 2020 27.00%
March 31, 2020 27.12%
December 31, 2019 26.15%
September 30, 2019 26.40%
June 30, 2019 25.60%
March 31, 2019 27.99%
December 31, 2018 27.68%
September 30, 2018 27.67%
June 30, 2018 25.99%
Date Value
March 31, 2018 28.53%
December 31, 2017 28.14%
September 30, 2017 23.68%
June 30, 2017 25.36%
March 31, 2017 27.35%
December 31, 2016 24.41%
September 30, 2016 15.66%
June 30, 2016 26.87%
March 31, 2016 23.46%
December 31, 2015 23.77%
September 30, 2015 24.98%
June 30, 2015 25.48%
March 31, 2015 24.38%
December 31, 2014 23.48%
September 30, 2014 22.22%
June 30, 2014 23.56%
March 31, 2014 26.29%
December 31, 2013 20.12%
September 30, 2013 23.10%
June 30, 2013 25.68%
March 31, 2013 25.99%
December 31, 2012 25.80%
September 30, 2012 26.82%
June 30, 2012 26.25%
March 31, 2012 27.59%

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

24.02%
Minimum
Sep 2022
30.21%
Maximum
Sep 2021
26.39%
Average
26.26%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks